US dollar

Latest News about US dollar

Foreign currency market stabilised following central bank’s interventionicon
BUSINESS26/03/20200

Foreign currency market stabilised following central bank’s intervention

The US dollar on March 25 depreciated against the Vietnamese dong after the State Bank of Vietnam (SBV) sold the greenback on the cheap to stabilise the local foreign exchange market.

 
Vietnam's forex rate forecast to remain stable till year-endicon

Vietnam's forex rate forecast to remain stable till year-end

BUSINESS
30/10/2019

The VND was expected to remain broadly stable against the USD over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust FDI inflows, dollar purchases by businesses, and a healthy foreign reserve position.

VND weakened slightly against the US dollar in H1 2019icon

VND weakened slightly against the US dollar in H1 2019

BUSINESS
03/07/2019

The Vietnamese dong has gained some strength against the US dollar in the past month, helped by abundant domestic supply and favourable global conditions.