exchange rates

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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.