24h Economy: Japanese Yen increases

Phương Anh |

Japanese Yen increases; Green vegetable prices at Da Nang traditional market increase before storm No. 12... are notable economic news in the past 24 hours.

According to Lao Dong, on the evening of October 22, the Japanese Yen (JPY) recovered slightly against the US dollar (USD), after three consecutive sessions of decline.

Dong Yen tang gia khi tham hut thuong mai thu hep. Anh: Phuong Anh
The Yen appreciated as the trade deficit narrowed. Photo: Phuong Anh

The Yen's recovery comes after the Japanese Finance Ministry released September trade figures showing a slightly reduced deficit, while a Reuters survey shows expectations that the Bank of Japan (BoJ) will soon raise interest rates.

Specifically, Japan recorded a trade deficit of 234.6 billion yen in September, slightly decreasing compared to 242.8 billion yen in August, although it has not yet met the forecast for surplus. See more...

Green vegetable prices at Da Nang traditional market increase before storm No. 12

According to Lao Dong reporters, the price of green vegetables at traditional markets in Da Nang City on the evening of October 22 tends to increase. However, for food items, dried items... the prices have remained almost unchanged.

Nguoi dan mua rau xanh o cho Hoa Cuong (Da Nang) toi 22.10. Anh: Thu Giang
People buy green vegetables at Hoa Cuong market (Da Nang) on the evening of October 22. Photo: Thu Giang

Ms. Nguyen Thi Tan (name of the character requested for change, traders at Hoa Cuong market) - informed that storm No. 12 is about to make landfall, affecting the price of green vegetables, the import price of traders is also about 5-10% more expensive than usual.

"Many types of tubers and fruits have increased by an average of 10,000 VND/kg; Vegetables have increased by 5,000-10,000 VND/bunch, squash, the most expensive is cucumber, today I imported goods with the original price of 30,000 VND/kg, so I also had to sell them at a slightly higher price" - Ms. Tan said. See more...

Many gold shops in Lao Cai only accept cash to "take" taxes

Lao Cai - At large stores such as Thuy Loan, Thu Thu, Hung Dung... management requires customers to use cash to buy gold instead of money to evade taxes. Video: PV Group

Securities suddenly reverse to increase

The stock market recorded a fairly strong fluctuation in the trading session on October 22. In the morning session, there were times when cash flow showed signs of being withdrawn, causing the holding company to feel insecure and turn to sell.

Thi truong chung khoan ghi nhan phien giao dich ngay 22.10 bien dong kha manh. Anh: Le Toan
The stock market recorded a fairly strong fluctuation in the trading session on October 22. Photo: Le Toan

Red quickly reappeared on the electricity billboard as the supply of goods was pushed out en masse. VN Index had a time when it "evaporated" more than 30 points amid investors' concerns.

Surprise continued to occur in the final match when many large stocks suddenly reversed, thereby pulling the green back on the electric board. Thanks to that, the VN Index ended the session up 15 points, up to 1,678.5 points. The entire HoSE floor recorded 218 stocks increased compared to 113 stocks decreased and 33 stocks remained unchanged. See more...

Phương Anh
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