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Tag: forex market

Fed interest cuts ease pressure on Vietnam forex market
Fed interest cuts ease pressure on Vietnam forex market

VOV.VN - The United States Federal Reserve’s recent decision to lower its benchmark interest rate by 0.5% is expected to ease pressure on the exchange rate between the US dollar and the Vietnamese Dong, and enable the State Bank of Vietnam (SBV) to flexibly adjust its monetary policy, according to analysts.

Fed interest cuts ease pressure on Vietnam forex market

Fed interest cuts ease pressure on Vietnam forex market

Central bank works to raise interbank rates and ease forex market
Central bank works to raise interbank rates and ease forex market

The State Bank of Vietnam (SBV) has shortened terms and kept the interest rate of its bills unchanged to increase the attractiveness of the bill channel, which will help raise the interbank interest rates and reduce pressure on the USD/VND exchange rate.

Central bank works to raise interbank rates and ease forex market

Central bank works to raise interbank rates and ease forex market

Overseas remittances to HCM City reach US$4.78 billion in nine months
Overseas remittances to HCM City reach US$4.78 billion in nine months

VOV.VN - The flow of overseas remittances to Ho Chi Minh City stood at an estimated US$4.78 billion during the opening nine months of the year, equal to 68% of the amount recorded in 2021, the State Bank of Vietnam’s branch in the southern city has reported.

Overseas remittances to HCM City reach US$4.78 billion in nine months

Overseas remittances to HCM City reach US$4.78 billion in nine months

Central bank sells greenback to stabilise forex market
Central bank sells greenback to stabilise forex market

The State Bank of Vietnam (SBV) has so far this year sold about US$12-13 billion to stabilise the domestic forex market, according to Viet Dragon Securities Corporation (VDSC).

Central bank sells greenback to stabilise forex market

Central bank sells greenback to stabilise forex market

Gold prices climb to approximately VND67 million per tael
Gold prices climb to approximately VND67 million per tael

VOV.VN - Local gold prices continued to rise on February 25, reaching approximately VND67 million per tael.

Gold prices climb to approximately VND67 million per tael

Gold prices climb to approximately VND67 million per tael

Gold prices surpass VND63 million per tael on first working day after Tet
Gold prices surpass VND63 million per tael on first working day after Tet

VOV.VN - Domestic gold prices fluctuated sharply as they hit a new peak exceeding VND63 million per tael on February 7, thereby reaching a new all-time high.

Gold prices surpass VND63 million per tael on first working day after Tet

Gold prices surpass VND63 million per tael on first working day after Tet

January’s CPI inches up on rising Tet shopping demand
January’s CPI inches up on rising Tet shopping demand

VOV.VN - The consumer price index (CPI) for January increased by 0.19% month on month and by 1.94% year on year, fuelling core inflation for January to rise by 0.22%, according to the General Statistics Office (GSO).

January’s CPI inches up on rising Tet shopping demand

January’s CPI inches up on rising Tet shopping demand

Local gold prices hit VND60 million/tael
Local gold prices hit VND60 million/tael

VOV.VN - Domestic gold prices continued to soar on November 11, reaching a historic high of VND60 million per tael.

Local gold prices hit VND60 million/tael

Local gold prices hit VND60 million/tael

Domestic gold prices reach one-year high
Domestic gold prices reach one-year high

VOV.VN - Local gold prices continued to climb on November 8, with the figure even passing historical highs seen over the past year to reach more than VND59 million per tael.

Domestic gold prices reach one-year high

Domestic gold prices reach one-year high

Gold prices rise to hit one-year peak
Gold prices rise to hit one-year peak

VOV.VN - Local gold prices continued to climb on October 21, even passing historical highs seen over the past one year to reach more than VND58 million per tael.

Gold prices rise to hit one-year peak

Gold prices rise to hit one-year peak

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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016