Interest Rate
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?
