English
Exchange market pressure could be lower on rising foreign currency reserves
After six months of calm, there are still many risks that could put pressure on the exchange rate in the second half of 2023.
Exchange rate Tin tức
Vietnam’s central bank buys $6 bln since early 2023
The State Bank of Vietnam has bought $6 billion since the beginning of this year to shore up its foreign exchange reserves, according to an official from the regulator.
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04/04/2023 - 15:46US dollar slips on black market
The U.S. dollar fell marginally against the Vietnamese dong on the black market Monday morning.
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13/03/2023 - 14:40VN’s foreign exchange reserves reach US$92.43 billion
The State Bank of Vietnam (SBV) last month bought about US$0.65 billion, bringing Viet Nam's foreign exchange reserves to $92.43 billion, according to the BSC Securities Company (BSC).
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16/01/2023 - 10:26Foreign exchange reserve to climb back to $100B this year: analysts
Analysts expect the central bank to bring Vietnam’s foreign exchange reserve back to the $100 billion this year after selling the U.S. dollar in the last few months to contain its surge.
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18/11/2022 - 22:33Vietnam may extend the range of the USD/VND exchange rate: WB
Vietnam may think about granting more exchange rate flexibility, according to the World Bank, as the Fed is anticipated to keep hiking interest rates.
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19/10/2022 - 14:10Vietnamese currency falls to record low against dollar
The dong depreciated to a new low against the U.S. dollar Wednesday morning, with state-owned Vietcombank selling the greenback at VND24,620 at 11.30 a.m.
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17/10/2022 - 14:46The State Bank of Vietnam expands the exchange rate band to 5%.
The State Bank of Vietnam agreed to increase the dollar-dong trading band from 3% to 5% from Oct. 17.
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23/06/2022 - 09:07Central bank to speed up foreign currency selling to stabilize exchange ...
The State Bank of Vietnam (SBV) will increase the frequency of selling foreign currency amid rising U.S, interest rates, the Government website reported.
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04/09/2020 - 16:07Vietnam’s foreign reserves hit record high $92 billion
Vietnam’s foreign reserves hit a record high of $92 billion at the end of August, Prime Minister Nguyen Xuan Phuc said during a cabinet meeting on Friday in Hanoi.
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28/12/2019 - 00:55Foreign reserves may hit $75 bln, 2.5 times higher than 2015’s figure
Vietnam’s foreign reserves have surged 2.5 times against 2015, Governor of the State Bank of Vietnam Le Minh Hung said.
