Interest Rate
Foreign exchange rate 23.6: Black market USD "struggles" to keep prices low
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The foreign exchange rate today (June 23) continues to decrease. The prices of USD and British pound both fell sharply and this supported foreign currencies such as the Japanese Yen to increase in price as a safe haven channel.
Foreign exchange rate 22.6: Decreased for 3 consecutive sessions, USD fell to a 5-month low
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The foreign exchange rate today (June 22) continues to decrease. USD prices on the free market fell to a low price range. USD prices on the international market have decreased for 3 consecutive sessions and are currently at a 5-month low.
Foreign exchange rate 21.6: Central exchange rate decreases, free USD falls sharply
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The foreign exchange rate today (June 21) continues to weaken. USD prices in the domestic market decreased in the same direction as USD prices in the world. Meanwhile, the Euro increased in price.
Foreign exchange rate 20.6: "Black market" USD plummets, Fed keeps interest rates unchanged
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Foreign exchange rates today (June 20) decreased simultaneously in both the free market and commercial banks. The central exchange rate announced by the SBV decreased. In the international market, the USD index fell after the Fed kept the basic interest rate at a range of 2.25-2.5% and opened the door for the possibility of future cuts.
Foreign exchange rate 19.6: Unexpected factor, USD skyrockets to 2-week peak
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The foreign exchange rate today (June 19) increased slightly from the morning session. USD prices in the free market increased slightly. The USD index increased to a 2-week peak just as the US Federal Reserve meeting was taking place.
Foreign exchange rate 15.6: USD slightly increased, Euro decreased sharply
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The foreign exchange rate today (June 16) increased slightly. USD prices increased due to the news of a sharp decline in the Euro. The expectation that the US Federal Reserve (FED) will cut interest rates further also directly affects the price of the greenback.
Dr. Can Van Luc: "A 2-3% exchange rate increase in 2019 is acceptable"
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The US-China trade war has led to major fluctuations in the international foreign exchange market. Accordingly, the value of the USD tends to increase, the CNY decreases. So what will happen to Vietnam's exchange rate and interest rate in the coming time?
What has affected the VND/USD exchange rate in recent times?
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With the US-China trade war at risk of escalating, exchange rate control will depend more on external factors. So what is the main reason for the sharp fluctuations in exchange rates in recent times?