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Sunday, January 29, 2023
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foreign exchange policy

Policy space for forex control

With pressure on the local currency still lingering, while resources and vehicles required to stabilize the forex rate are being exhausted, a big question...

Central bank widens dong’s trading band amid dollar rise

HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, has decided to widen the trading band of the Vietnamese dong currency...

Central bank rejects U.S. designation of Vietnam as currency manipulator

HCMC – In response to the U.S. Treasury Department labelling Vietnam as a currency manipulator, the State Bank of Vietnam (SBV) asserted that Vietnam’s...

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