Exchange rate
Proposing the Government to strictly control gold prices and foreign exchange rates
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The Standing Committee of the Petition and Supervision Committee recommended that the National Assembly Standing Committee propose that the Government strengthen the management and control of gold prices and foreign exchange rates.
ruble accounts for more than half of Russia's global exports
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The ruble accounted for 55.5% of Russia's total global export payments in June.
Europeans turn their backs on foreign currencies as rubles continue to rise
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The demand for foreign currency by businesses and people in Russia has fallen to its lowest level in nearly a year, while the ruble has appreciated for 7 consecutive months.
Banks compete to apply USD selling price to reach VND 26,310
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The USD/VND exchange rate increased, many banks sold over VND 26,300/USD.
US continues to determine that Vietnam does not manipulate currency
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The US Treasury Department confirmed that no major US trading partner, including Vietnam, will operate currency manipulations in 2024.
Yen continues to increase
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The Yen increased sharply thanks to expectations of the BoJ raising interest rates and playing a safe haven role amid global geopolitical tensions.
Russian ruble makes a spectacular breakthrough against the USD
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The Russian ruble hit a two-year peak against the US dollar on geopolitical expectations and foreign capital flows could return to Russia.
Yen depreciates, investors worry
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The Yen weakened after the BoJ's decision to keep interest rates unchanged; investors are waiting for Governor Ueda's speech to guess the next direction.
USD selling price exceeds 26,000 VND
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For the first time, the reference USD price at the State Bank exceeded the 26,000 VND threshold, in the context of the central exchange rate also increasing to a high level.
USD and RMB at banks both increased sharply
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Exchange rates on February 4 continued to fluctuate strongly, with the USD and the Chinese Yuan both increasing significantly at banks. The market was affected by international developments.
January Currency Moves: USD Steady, Euro Weakens
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As January 2025 comes to a close, the USD holds its high position, the Yen has the strongest increase in 7 years, while the Euro, British Pound and Canadian Dollar weaken.
Yen is held back, depreciated again
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The Japanese Yen decreased its upward momentum after news from the White House, while the USD recovered slightly and the BoJ maintained a tight stance, pushing USD/JPY to 156.00.
Exchange rate this morning 4.1: USD holds peak, Euro and British pound drop sharply
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Exchange rates this morning: USD strong thanks to high bond yields, Euro and British pound continue to weaken. Japanese Yen recovers slightly from 5-month low.
USD skyrocketed, what about exchange rate and interest rate in Vietnam?
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The USD reached its highest peak since 2022, putting great pressure on the USD/VND exchange rate. Will the State Bank of Vietnam raise interest rates to stabilize the market in 2025?
Exchange rate this morning 3.1: USD slightly decreased, Japanese Yen had strange developments
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Exchange rate this morning: USD slightly decreased, but still maintained a strong position. Japanese Yen maintained its recovery momentum, while Euro and British Pound continued to be under pressure from the strong USD.
