Central bank holds firm to exchange rate stabilising plan, ready to sell forex

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Báo Thanh Niên English 23 hour(s) ago 1 related news

Central bank holds firm to exchange rate stabilising plan, ready to sell forex

Photo: Ngoc Thang

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Vietnam ready to sell forex to stabilize exchange rate: c.bank

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Báo Tuổi Trẻ English 15 hour(s) ago 1 related news

Vietnam ready to sell forex to stabilize exchange rate: c.bank

Vietnam's central bank stands ready to help stabilize the dollar/dong exchange rate and will keep the two-percent band movement for the rest of the year, a deputy governor said.

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Dong/dollar exchange rate likely to stay firm

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VOV News English 18 hour(s) ago 1 related news

Dong/dollar exchange rate likely to stay firm

Businesses and analysts all believe that the State Bank (SBV) will not devalue the dong again this year because there will be less pressure on the exchange rate.

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Dong/dollar exchange rate likely to stay firm

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VietnamNet English 2 day(s) ago 1 related news

Dong/dollar exchange rate likely to stay firm

VietNamNet Bridge - Businesses and analysts all believe that the State Bank (SBV) will not devalue the dong again this year because there will be less pressure on the exchange rate.

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Businesses fear dong depreciation will increase capital costs

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VietnamNet English 1 week(s) ago

Businesses fear dong depreciation will increase capital costs

VietNamNet Bridge - In theory, every 1 percent dong devaluation would lead to a 0.2 percent increase in the inflation rate.

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Devalued dong offers leg up to Vietnam's exporters

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VOV News English 1 week(s) ago

The central bank’s recent move to devaluate the Vietnamese dong is expected to shore up Vietnam’s exports while curbing its imports.

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Exchange rate adjustment raises concerns about public debt

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VietnamNet English 2 week(s) ago

Exchange rate adjustment raises concerns about public debt

VietNamNet Bridge The latest dong one-percent devaluation on May 7, though described as “unavoidable”, has raised controversy, because this will lead to a heavier public debt burden.

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Exchange rate adjustment raises concerns about public debt

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VOV News English 1 week(s) ago

Exchange rate adjustment raises concerns about public debt

The latest dong one-percent devaluation on May 7, though described as “unavoidable”, has raised controversy, because this will lead to a heavier public debt burden.

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Dollar price hits ceiling, experts question SBV’s exchange-rate policy

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VietnamNet English 2 week(s) ago

Dollar price hits ceiling, experts question SBV’s exchange-rate policy

The dollar price on May 6 hit the ceiling of VND21,673 per dollar, the highest ever level. The State Bank once again attributes this to people’s anxiety. Experts believe the dong 2 percent devaluation plan in 2015 is not feasible.

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Weekly roundup: Dong devaluation, foreign investment, holiday rip-offs, and more

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Báo Thanh Niên English 2 week(s) ago

Weekly roundup: Dong devaluation, foreign investment, holiday rip-offs, and more

Vietnam devalues dong for second time in 2015 to boost exports

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Vietnam dong devaluation inevitable, good for economy

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Báo Thanh Niên English 2 week(s) ago

Vietnam dong devaluation inevitable, good for economy

Economists have hailed the State Bank of Vietnam’s decision to depreciate the dong, saying the move will help cool down the forex market and decrease the trade deficit, which has been growing since early this year.

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SBV lowers dong's value by 1% in second devaluation of 2015

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Báo Dân Trí English 2 week(s) ago 2 related news

SBV lowers dong's value by 1% in second devaluation of 2015

The State Bank of Viet Nam has weakened the dong by 1 per cent, reducing the US dollar daily reference rate from 21,458 to 21,673 dong effective from yesterday, its second devaluation this year.

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SBV lowers dong's value by 1% in second devaluation of 2015

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VOV News English 2 week(s) ago 2 related news

SBV lowers dong's value by 1% in second devaluation of 2015

The State Bank of Vietnam has weakened the dong by 1%, reducing the US dollar daily reference rate from 21,458 to 21,673 dong effective from May 7, its second devaluation this year.

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VND depreciates another 1% against USD, no more room for forex policy maneuver

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Báo Đầu Tư English 2 week(s) ago

VND depreciates another 1% against USD, no more room for forex policy maneuver

The State Bank of Vietnam (SBV), the country’s central bank, on Thursday devalued the Vietnamese dong by another one percent after already doing so earlier this year.

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SBV lowers dong's value by 1% in second devaluation of 2015

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VietNam News English 2 week(s) ago 3 related news

SBV lowers dong's value by 1% in second devaluation of 2015

The State Bank of Viet Nam has weakened the dong by 1 per cent, reducing the US dollar daily reference rate from 21,458 to 21,673 dong effective from yesterday, its second devaluation this year.

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