Latest News about dollar price
The dollar price has decreased since the second half of March, with the dong/dollar exchange rate in the interbank market falling to VND23,200 per dollar last week.
The US dollar price has been increasing sharply over the last two weeks.
The level of dollarization of an economy is based on the ratio of foreign currency deposits to total money supply (M2), or total deposits; and the ratio of outstanding foreign currency loans to M2, or total outstanding loans.
More and more capital has been flowing to Vietnam, having a direct impact on the dong/dollar exchange rate.