exchange rate

The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

09:32 | 23/04/2024 Finance

VCN - According to Vu Nhu Thang, Deputy Chairman in charge of NFSC, the economy in 2024 has more prospects than 2023 thanks to the strong promotion of public investment and specific policies to promote production activities, consumer economy, and investme

Exposing the sophisticated smuggling tricks of 2 female passengers

15:51 | 10/04/2024 Anti-Smuggling

Customs authorities did not detect any smuggling goods by checking the suspected subjects' checked luggage and carry-on luggage. However, as soon as the examination began, the subject burst into tears...

Proactive in dealing with exchange rate pressure

10:49 | 23/03/2024 Finance

Recently, the State of Bank (SBV) withdrew VND 30,000 billion through the T-bills channel, contributing to reducing exchange rate pressure.

The exchange rate is heated up: Need flexible regulation to control inflation

10:24 | 14/03/2024 Headlines

The exchange rate has been increasing sharply since the beginning of the year until now, despite the context that foreign currency liquidity is still abundant thanks to positive indicators of trade and investment.

A "moderate" increase in VND and US$ exchange rates will boost exports

13:43 | 25/09/2023 Import-Export

VCN - According to experts, in recent times, the moderate depreciation of VND compared to USD will help promote export activities and increase the competitiveness of Vietnamese exports.

Exchange rate forecast to remain stable in second half of 2023

15:57 | 26/06/2023 Finance

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.

Managing the balance between the exchange rate and inflation

10:16 | 01/06/2023 Finance

VCN - In a report on the current bond market, experts of SSI Securities Company said that the exchange rate at commercial banks and on the free market was almost flat, fluctuating around 23,450 VND/USD.

Managing balance between exchange rate and inflation

09:27 | 28/05/2023 Finance

VCN - Currently, foreign exchange rate fluctuations in Vietnam are assessed at an acceptable level, helping to increase foreign exchange reserves. With exchange rate stability, inflation control is also forecasted to have fiscal space to control according

Need to effectively use tools to prevent exchange rate risks in import and export field

10:32 | 02/04/2023 Import-Export

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable,

Solve the exchange rate problem, ensure harmony for import and export policies

09:45 | 13/02/2023 Import-Export

VCN - Vietnam's currency, although under a lot of pressure from global economic and political uncertainties, is still among the least depreciated group compared to the region and the world. This continues to pose a problem of exchange rate management in 2

Keeping the exchange rate stable to control inflation and lower interest rates

09:44 | 13/02/2023 Finance

VCN - In an interview with Customs News, Dr. Nguyen Duc Do, Deputy Director of the Institute of Economics and Finance, Academy of Finance, said that with the gradual reduction of inflation pressure, the world USD index in a downward trend will help the do

Failure to keep the exchange rate will cause difficulties for import and export

11:12 | 16/01/2023 Import-Export

The USD/VND exchange rate has increased by about 3.81% compared to the end of 2021, but the devaluation of VND against USD is lower than that of other currencies in the world.

Exchange rate is no longer a concern

09:17 | 02/01/2023 Import-Export

VCN - According to the report on the socio-economic situation in 11 months of 2022 by the General Statistics Office, the USD index in November 2022 increased by 8.71% over the same period in 2021; average in 11 months of 2022 increased by 1.83% compared t

Not just exchange rates, businesses are concerned about interest rates and liquidity

09:03 | 30/11/2022 Import-Export

VCN - The recent sharp fluctuation of the exchange has hit businesses badly due to increased costs. However, businesses still face a double whammy from liquidity and interest rates.

Policy rate hike unavoidable to curb exchange rate, inflation risks

17:52 | 06/11/2022 Finance

Though the State Bank of Việt Nam (SBV) has hiked interest rates twice in a month, experts agreed the SBV has no other choice but to take strong measures to curb upward pressure on the USD/VNĐ exchange rate and inflation.