Winners and losers in Swiss National Bank fallout

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Báo Thanh Niên English 1 week(s) ago

Bloomberg’s Caroline Hyde breaks down the impact on the foreign exchange market from action by the Swiss national Bank to end the minimum exchange rate for the franc. She speaks on “The Pulse.”

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Vietnam cbank stocking foreign currencies after intervening in forex market

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

Vietnam cbank stocking foreign currencies after intervening in forex market

The State Bank of Vietnam (SBV) is buying foreign currencies from the local market to increase the national foreign exchange reserves, a move it stopped for five months already, Nguyen Van Binh, Governor of the central bank, said at a conference in Hanoi on Saturday.

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Vietnam cbank stocking foreign currencies after intervening in forex market

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

Vietnam cbank stocking foreign currencies after intervening in forex market

The State Bank of Vietnam (SBV) is buying foreign currencies from the local market to increase the national foreign exchange reserves, a move it stopped for five months already, Nguyen Van Binh, Governor of the central bank, said at a conference in Hanoi on Saturday.

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Casualties from Swiss shock spread from New York to New Zealand

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Báo Thanh Niên English 1 week(s) ago 1 related news

Casualties from Swiss shock spread from New York to New Zealand

Casualties mounted from the Swiss currency shock as the largest U.S. retail foreign-exchange brokerage said client losses threatened its compliance with capital rules and a New Zealand-based dealer went out of business.

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Dollar price rise deals blow to importers

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Báo Thanh Niên English 1 week(s) ago 1 related news

Dollar price rise deals blow to importers

The recent devaluation of the Vietnamese dong has made things more difficult for importers, and increased the national debt burden.

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State Bank raises US dollar price

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VietnamPlus English 2 week(s) ago

The State Bank of Vietnam (SBV)’s selling and purchasing prices were officially set at 21,350 VND and 21,600 VND to one US dollar on January 12, up 150 VND and 200 VND respectively.

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Dollar rises after forex rate change

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VietnamPlus English 2 week(s) ago 1 related news

Dollar rises after forex rate change

The State Bank of Vietnam weakened the Vietnamese dong by 1 percent, raising the USD-VND daily reference rate from 21,246 VND to 21,458 VND.

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Dollar rises after forex rate change

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VietnamNet English 2 week(s) ago 4 related news

Dollar rises after forex rate change

The State Bank of Viet Nam weakened the Vietnamese dong by 1 per cent, raising the US$-VND daily reference rate from VND21,246 to VND21,458.

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Dollar rises after forex rate change

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VietNam News English 2 week(s) ago 4 related news

Dollar rises after forex rate change

The State Bank of Viet Nam weakened the Vietnamese dong by 1 per cent, raising the US$-VND daily reference rate from VND21,246 to VND21,458.

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Banks increase foreign exchange rate

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VietnamPlus English 2 week(s) ago 4 related news

Banks increase foreign exchange rate

In response to the State Bank’s decision to increase the inter-bank average exchange rate by one percent on January 7, numerous banks have increased the US dollar exchange rate.

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Vietnam cbank devalues VND by 1% against USD to 'control inflation'

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Báo Tuổi Trẻ English 2 week(s) ago 1 related news

Vietnam cbank devalues VND by 1% against USD to 'control inflation'

The Vietnamese dong is devalued by one percent against the dollar on interbank transactions as of Wednesday, the State Bank of Vietnam (SBV) announced late Tuesday.

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Vietnam to let dong depreciate 1 pct vs dollar

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Báo Thanh Niên English 3 week(s) ago 1 related news

Vietnam to let dong depreciate 1 pct vs dollar

Vietnam will weaken its dong currency by 1 percent against the dollar from Wednesday on interbank transactions to help stabilise the foreign exchange market, the central bank said.

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Foreign currency loans stimulate credit growth

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VOV News English 1 month(s) ago 1 related news

Export companies preferred loans in foreign currencies than in the Vietnamese dong due to a stable foreign exchange policy and lower interest expenses.

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Foreign currency loans stimulate credit growth

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VietnamPlus English 1 month(s) ago 1 related news

Export companies preferred loans in foreign currencies than in the Vietnamese dong due to a stable foreign exchange policy and lower interest expenses.

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Vietnam cbank to keep USD-VND fluctuating within 2% in 2015 to alleviate dollarization

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam cbank to keep USD-VND fluctuating within 2% in 2015 to alleviate dollarization

The State Bank of Vietnam (SBV) has said it will keep the foreign exchange (forex) rate between the U.S. dollar and the Vietnamese dong changing within two percent next year to help reduce dollarization and stabilize the local currency’s value.

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