Tags: forex market

Capital funneled into priority fields: central bank

Capital funneled into priority fields: central bank

Credit has been provided for production and business activities and the priority fields while loans for high-risk areas have been further tightened so far this year, the State Bank of Vietnam (SBV) reported.

Forex market still sees exogenous risks: report

Forex market still sees exogenous risks: report

he foreign exchange market is still vulnerable to latent exogenous risks, especially crisis risks arising from emerging markets, said the Vietnam Institute for Economic and Policy Research (VEPR).

Forex reserves hit US$37 billion

Forex reserves hit US$37 billion

The country's foreign exchange reserves excluding gold have been increasing continuously, reaching US$37 billion by the end of July, Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh said.

Dollar forecast to rise against dong

Dollar forecast to rise against dong

The value of the US dollar against the dong will increase at least 3 per cent this year, the Vietcombank Securities Co (VCBS) has forecast.

New exchange rate not affecting inflation control

New exchange rate not affecting inflation control

(VOV) - A senior State Bank of Vietnam (SBV) official has affirmed the bank’s June 19 decision to raise the VND/US$ rate by 1% will help boost exports and not put pressure on inflation control efforts.

Foreign exchange market to be stabilised

Foreign exchange market to be stabilised

(VOV) - The State Bank of Vietnam (SBV) has said it will keep a close watch on the forex market and make a timely intervention if necessary to stabilise the market.

No forex rate adjustment now, says SBV

No forex rate adjustment now, says SBV

(VOV) - The State Bank of Vietnam (SBV) will not adjust the foreign exchange rate at present and will take bold measures to stabilise the forex market, a senior SBV official has affirmed.

Central bank acts to quash rumours

Central bank acts to quash rumours

(VOV) - The State Bank of Vietnam (SBV) released a statement on February 22 revealing it is ready and willing if intervention is necessary to stabilise the foreign exchange market.