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Thursday, September 29, 2022
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exchange rate

Vietnam dong weakens ahead of Fed meeting

HCMC – The Vietnamese dong currency has dropped against the U.S. dollar in the lead up to the U.S. Federal Reserve (Fed) meeting where...

Will ample supply ease exchange rate tension?

What came as a surprise is that after two stressful weeks, the foreign exchange rate on August 29 showed signs of stabilizing though the...

Central bank withdraws more money from system

HCMC - As interbank interest rates have continued to cool down, the central bank has withdrawn more money from the banking system. Baoviet Securities Company...

The race to hike interest rates is on

Savings interest rates are on the rise and likely to go up further in the coming months. Adding 0.5-1 percentage point per annum to the...

Exchange rate seen stable this year

HCMC - The exchange rate between the U.S. dollar and the Vietnamese dong is forecast to move in a range of VND23,288 and VND23,515...

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