Forex market calms down after SBV pledges to stabilise rate

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VOV News English 3 day(s) ago 2 related news

Forex market calms down after SBV pledges to stabilise rate

The foreign exchange (forex) market cooled down on March 26 after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Forex market calms down after SBV pledges to stabilise rate

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

The foreign exchange (forex) market cooled down yesterday after the State Bank of Viet Nam (SBV) committed to keeping the exchange rate stable.

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Central bank says to keep forex rate stable

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VietnamPlus English 3 day(s) ago

Central bank says to keep forex rate stable

The State Bank of Vietnam (SBV) will not adjust the Vietnamese dong-US dollar exchange rate despite an increase in the price of USD on the world market, SBV Deputy Governor Nguyen Thi Hong said to the Vietnam News Agency on March 25.

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Strengthening USD stirs concerns over depreciation of VND

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VOV News English 6 day(s) ago 1 related news

Strengthening USD stirs concerns over depreciation of VND

The recent sharp increase in foreign exchange following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong.

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Vietnamese firms advised to rescue themselves as soaring dollar hurts export

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Báo Đầu Tư English 1 week(s) ago 1 related news

Vietnamese firms advised to rescue themselves as soaring dollar hurts export

With the U.S. dollar strengthening on the world market, many Vietnamese exporters have no choice but to slash prices for importers in countries whose currencies are now much weaker than the greenback.

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Vietnamese firms advised to rescue themselves as soaring dollar hurts export

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Báo Tuổi Trẻ English 1 week(s) ago 1 related news

Vietnamese firms advised to rescue themselves as soaring dollar hurts export

With the U.S. dollar strengthening on the world market, many Vietnamese exporters have no choice but to slash prices for importers in countries whose currencies are now much weaker than the greenback.

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Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

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Báo Đầu Tư English 1 week(s) ago 1 related news

Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

The recent sharp increase in foreign exchange rates following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong, which was devalued by one percent to VND21,458 to the dollar on January 7.

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Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

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Báo Tuổi Trẻ English 1 week(s) ago 1 related news

Strengthening US dollar stirs concerns over further depreciation of Vietnam currency

The recent sharp increase in foreign exchange rates following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong, which was devalued by one percent to VND21,458 to the dollar on January 7.

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USD rates rise as Fed meeting nears

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VietNam News English 1 week(s) ago 1 duplicate news 1 related news

USD rates rise as Fed meeting nears

US dollar rates soared at local commercial banks yesterday, continuing the trend from last week.

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Thai garment export challenged this year

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VietnamPlus English 2 week(s) ago

Thailand's garment export growth is re-adjusted due to the contraction of garment exporters, foreign exchange losses and the slow global economy.

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Yuan, euro to weaken further, Barclays' Kotecha says

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Báo Thanh Niên English 2 week(s) ago

Mitul Kotecha, head of Asia-Pacific foreign-exchange strategy at Barclays Plc in Singapore, talks about the euro, yuan, dollar and yen. He spoke with Yvonne Man on Bloomberg Television's "Trending Business."

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Dollar drain threatens Vietnam’s monetary security

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VietnamNet English 1 month(s) ago

Dollar drain threatens Vietnam’s monetary security

VietNamNet Bridge – The movement of a large amount of money offshore Vietnam over a short time could threaten the country’s monetary security, an expert has said.

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Vietnam loses $33 billion in illegal foreign-currency outflows: expert

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VietnamNet English 1 month(s) ago

Vietnam loses $33 billion in illegal foreign-currency outflows: expert

VietNamNet Bridge – Vietnam has witnessed a drain in foreign currencies over the years, with one expert saying that $33 billion flowed out of the country between 2008 and 2013 because of illegal transfer of funds and embezzlement.

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Vietnam improves its currency's competitiveness

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VOV News English 1 month(s) ago

(VOV) -The Economist Intelligence Unit has analyzed Vietnam’s recent adjustment of exchange rate by 1% against the US dollar.

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What are the effects of overseas remittances on the Vietnamese economy?

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VietnamNet English 1 month(s) ago

What are the effects of overseas remittances on the Vietnamese economy?

VietNamNet Bridge – If Vietnam uses overseas remittances to its benefit, they could be a powerful driver in the development of the national economy. Conversely, the economy could be put under pressure if they are not deployed effectively.

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