exchange rates

Update news exchange rates

USD price reaches historic high, surpasses VND26,000 in free market

The USD price in the free market has surged past 26,000 VND/USD (selling), marking its highest level ever. This new peak sees the free USD price nearly 700 VND higher in the buying price compared to bank rates.

USD hits all-time high in Vietnam's free market

Foreign exchange points in the free market this morning bought USD at a common price of 25,870 VND/USD and sold at 25,950 VND/USD. This is the highest USD price in the free market ever recorded.

Exchange rate stabilised but losses significant due to surging dollar

The dollar has surged by 5.9 per cent against the VNĐ since the beginning of the year, severely hurting domestic businesses’ financial performance in the first and second quarters of 2024.

SBV ready to intervene to stabilise foreign exchange rate: Deputy Governor

The State Bank of Vietnam (SBV) will manage the exchange rate flexibly, adjusting in line with general trends while still ensuring macro-economic stability and foreign currency balance, said its Permanent Deputy Governor Dao Minh Tu.

SBV takes more actions to stabilise foreign exchange rates

The State Bank of Vietnam on April 23 took some moves in the inter-bank market in the face of surging USD/VND exchange rates.

Businesses concerned about rising exchange rate pressure

Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.

Expert predictions on forex in 2024

A moderate exchange rate movement is forecast for this year.

Dollar rise leads to different impacts on industries

The significant appreciation of the US dollar against the Vietnamese đồng has adversely affected many firms that import and borrow in the greenback, while firms that have foreign currency revenue from exports have benefited.

Exchange rate forecast to remain stable in second half of 2023

The period of strong volatility of the US dollar has ended, and the USD/VND exchange rate in the last six months of 2023 will remain stable, experts have forecast.

Foreign associations want dollar interest rate cap removed

Foreign business associations have proposed the State Bank of Vietnam (SBV) remove the U.S. dollar interest rate cap at 0%, reported the local media.

Vietnam successfully manages monetary policy

 VietNamNet Bridge – The Vietnamese government’s flexible monetary policy contributed greatly to Vietnam’s macro-economic stability and socio-economic development.

SBV unexpectedly raises dollar prices, exporters leap for joy

 VietNamNet Bridge – The move by the State Bank of Vietnam of raising the dollar buy price has been commented as showing its determination to keep the dong/dollar exchange rate stable.