Remittance ‘grey market’ thrives towards year-end

0 vote(s)Comment

VietnamNet English 2 day(s) ago

Remittance ‘grey market’ thrives towards year-end

VietNamNet Bridge – Remittances are pouring into Vietnam towards the year’s end, but most of this money is bypassing the official banking sector.

Keywords: 

VN to absorb US$ 12 bln remittances in 2014

0 vote(s)Comment

Báo điện tử CP English 4 day(s) ago 2 related news

VGP - Overseas remittances to Viet Nam are estimated to touch US$ 12 billion in 2014, according to a report of the Central Institute for Economic Management (CIEM).

Keywords: 

USD-VND forex rate hike not a concern despite soaring price: insiders

0 vote(s)Comment

Báo Tuổi Trẻ English 5 day(s) ago

USD-VND forex rate hike not a concern despite soaring price: insiders

Local bank officials, manufacturers and traders told Tuoi Tre they are not worried about the US dollar-Vietnam foreign exchange (forex) rate increase, as, according to them, the supply of the greenback is still ample.

Keywords: 

VND/USD exchange rate to fluctuate no more than 2% in 2015

0 vote(s)Comment

VietnamNet English 5 day(s) ago 1 related news

VietNamNet Bridge – The State Bank of Vietnam (SBV) will continue to pursue its current dong/dollar exchange rate stabilization policy in 2015. Vietnamese dong depreciation, if it occurs, will not be higher than two percent.

Keywords: 

Remittance ‘grey market’ thrives towards year-end

0 vote(s)Comment

Báo Đầu Tư English 5 day(s) ago

Remittance ‘grey market’ thrives towards year-end

Remittances are pouring into Vietnam towards the year’s end, but most of this money is bypassing the official banking sector.

Keywords: 

Russia defends ruble with biggest rate rise since 1998

0 vote(s)Comment

Báo Thanh Niên English 6 day(s) ago

Russia defends ruble with biggest rate rise since 1998

Russia took its biggest step yet to shore up the ruble and defuse the currency crisis threatening its stricken economy.

Keywords: 

HSBC dismisses London forex chief, says source

0 vote(s)Comment

Báo Tuổi Trẻ English 1 week(s) ago

HSBC dismisses London forex chief, says source

HSBC has dismissed its London-based European head of currency trading, a source close to the matter said Wednesday, one month after the bank was fined for foreign exchange market rigging.

Keywords: 

Forex rate increases due to psychological and seasonal factors: financial watchdog

0 vote(s)Comment

Báo Tuổi Trẻ English 1 week(s) ago

Forex rate increases due to psychological and seasonal factors: financial watchdog

The main reason for the rally of the US dollar over the Vietnam dong in October and November is due to psychological and seasonal factors, according to a report on the economic situation in November and the first 11 months of 2014 by a state body.

Keywords: 

USD-VND forex rate retreats after cbank’s intervention

0 vote(s)Comment

Báo Tuổi Trẻ English 2 week(s) ago

USD-VND forex rate retreats after cbank’s intervention

The foreign exchange (forex) rate between the US dollar and the Vietnam dong has fallen back after the information of the intervention in the forex market of the State Bank of Vietnam (SBV) spread.

Keywords: 

SBV sells 1.1 billion USD to stabilise forex market

0 vote(s)Comment

VietnamNet English 2 week(s) ago 2 related news

SBV sells 1.1 billion USD to stabilise forex market

The State Bank of Vietnam (SBV) has sold roughly 1.1 billion USD as of December 1 to stabilise Vietnam's foreign exchange market.

Keywords: 

SBV sells 1.1 billion USD to stabilise forex market

0 vote(s)Comment

VietnamPlus English 2 week(s) ago 2 related news

The State Bank of Vietnam (SBV) has sold roughly 1.1 billion USD as of December 1 to stabilise Vietnam's foreign exchange market.

Keywords: 

Central bank sells $1.1b to stabilise forex market

0 vote(s)Comment

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

The State Bank of Viet Nam (SBV) has sold roughly US$1.1 billion as of December 1 to stabilise Viet Nam's foreign exchange market.

Keywords: 

Measures to prop-up real estate market

0 vote(s)Comment

VOV News English 2 week(s) ago 1 duplicate news

Measures to prop-up real estate market

(VOV) -Leading economists say it is essential to have a separate financial system that is not run by state banks to insure lending is based on merit, reduce the risk of a banking liquidity crisis and to better manage the country’s foreign exchange position.

Keywords: 

Thai economy shows signs of recovery

0 vote(s)Comment

VietnamPlus English 3 week(s) ago

Thai economy shows signs of recovery

The Thai Fiscal Policy Office (FPO) has reported that the country’s economy has shown some positive sentiments as a result of domestic spending.

Keywords: 

Forex fluctuations normal: experts

0 vote(s)Comment

VietNam News English 3 week(s) ago

Experts predicted more fluctuations in foreign exchange rates from now till year-end because of higher domestic demand and clarified that this was normal.

Keywords: 

Top page