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.

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.

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.

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).

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

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.

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).

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

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.

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.