foreign currency reserves

Update news foreign currency reserves

SBV will buy bullion gold to increase foreign currency reserves

 VietNamNet Bridge – The State Bank of Vietnam (SBV) is going to buy bullion gold to increase the foreign currency reserves as it foresees the downward trend in the gold price in the next six months or one year.

Dollar price increase raises rumor about dong devaluation

Commercial banks all have raised the dollar selling price to the ceiling level of VND21,036 per dollar. The State Bank’s Exchange late last week quoted the selling price at VND21,360 per dollar.