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Reference exchange rate up 5 VND

Reference exchange rate up 5 VND

The State Bank of Vietnam set the daily reference exchange rate on January 11 at 22,835 VND/USD, up 5 VND from the previous day.

Reference exchange rate up 8 VND

Reference exchange rate up 8 VND

The State Bank of Vietnam raised the daily reference exchange rate on January 9 to 22,835 VND/USD, up 8 VND from the previous day.

VN currency suffers from US-China trade war

VN currency suffers from US-China trade war

The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the USD/VND exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates.

SVB enhances capacity to intervene in foreign currency market

SVB enhances capacity to intervene in foreign currency market

The recent increase in the VND/USD exchange rate was due to inside and outside impacts such as some poor sessions in the domestic stock market and the USD price rise globally, according to Pham Thanh Ha, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department.

Firms warned on int’l payment risks

Firms warned on int’l payment risks

Vietnamese firms should study their trade partners carefully, choose suitable payment methods and buy exchange rate insurance to avoid risks when making international payment, a seminar heard in HCM City on December 5.

Reference exchange rate down VND3

Reference exchange rate down VND3

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,467/USD on the morning of October 26, down by VND3 from the day ago.

Reference exchange rate down by VND3

Reference exchange rate down by VND3

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,459/USD on the morning of October 20, down by VND3 from a day ago.

Reference exchange rate goes up by 8VND

Reference exchange rate goes up by 8VND

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,460/USD on the morning of October 18, up by VND8 from the day ago.

Remittances to HCM City hit US$3.3 billion

Remittances to HCM City hit US$3.3 billion

VOV.VN - Foreign remittances to Ho Chi Minh City reached US$3.375 billion in nine months up to October, up 12.5% against August and 6% over the same period last year, according to the State Bank of Vietnam’s HCM City branch.

Reference exchange rate up VND2

Reference exchange rate up VND2

The daily reference exchange rate for VND/USD was set at VND22,470 per USD on October 6, up VND2 from the previous day.

Reference exchange rate revised down

Reference exchange rate revised down

The State Bank of Vietnam adjusted the daily reference exchange rate for VND/USD to VND22,468 on October 5, down VND5 from the previous day.

Reference exchange rate up by VND6

Reference exchange rate up by VND6

The State Bank of Vietnam (SBV) set its reference VND/USD exchange rate at VND22,470/USD on September 28, up by VND6 from the previous day.

Reference exchange rate up by VND8

Reference exchange rate up by VND8

The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,464/USD on September 27, up by VND8 from the day ago.