Money & Investing
Updated gold price at the end of session 16.8: Unstable, waiting for signal from FED
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Updated gold prices at the end of the session on August 16 did not change much. Investors are waiting for a signal from the US Federal Reserve (FED) next week.
Securities flourish, foreign investors still sell strongly
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In contrast to the strong disbursement of domestic investors, foreign investors are still tirelessly selling large stocks.
BIDV interest rate, deposit 500 million VND and receive 73.5 million VND
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According to a survey by Lao Dong on August 16, BIDV applies a savings interest rate range for individual customers in the range of 0.1 - 4.9%/year.
Silver price fluctuations 16.8: Reversal to recovery
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Silver price fluctuations 16.8: Silver is still in a state of strife. The outlook still depends largely on USD fluctuations and the global economy.
Gold price today 16.8: Struggling, risks lurking
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Gold price today 16.8: Domestic gold market struggles. The difference between buying and selling is high, increasing the risk for investors.
The first wave- creating exchange rate since the beginning of the year
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"The risk of the USD/VND exchange rate is increasing," said Mr. Nguyen Duc Hung Linh (SSI). Tensions in the US-China trade war are strongly affecting foreign exchange rates. China is currently Vietnam's largest trading partner, so fluctuations in the CNY will have a certain impact on the VND.
Foreign exchange rate 15.5: USD "jumps" to 23,430 VND, the exchange rate is anchored high
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The foreign exchange rate today (May 15) is listed at 23,320 - 23,330 (buy - sell) at Vietcombank. In the world market, President Donal Trump revealed that he could reach a negotiation deal with China in a short time, reducing the pressure on the USD.
Bitcoin pits the top of 8,100 USD, Wall Street is stained red
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Bitcoin price today, May 14, continues to increase strongly, breaking through the 8,000 USD level. In just the past 24 hours, Bitcoin worth more than $27 billion has been traded on exchanges. Meanwhile, US stocks were dyed red, the yuan plummeted.
After 8 years of issuance, coins "disappear" in the market
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The information that the State Bank of Vietnam will auction more than 601 tons of scrap metal after destruction is attracting great attention from the public.
Foreign exchange rate 13.5: US imposes strong tariffs, USD decreases freely
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The foreign exchange rate today (May 13.5) continues to fluctuate strongly due to the news of an escalating US-China trade war. The price of USD due to listed banks and USD on the free market both decreased.
Gold price today, May 12: Domestic gold decreased reversely in the world at the end of the session
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Gold price today (May 12) domestic gold bar prices suddenly turned down while world gold prices increased by 0.2%, to 1,286.56 USD/ounce.
Foreign exchange rate 12.5: Falling from the peak, USD decreased sharply at the end of the week
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The foreign exchange rate today (May 12) decreased in price in the last session of the week. The exchange rate after reaching a record high has gradually cooled down after information about the US-China trade war showed signs of tension.
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?
Foreign exchange rate 11.5: At the end of the weekend, USD continued to decrease by 40-60 VND
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The foreign exchange rate today (May 11) continues to plummet. The exchange rate continued to decrease in the free market and was listed at banks. The "black market" USD is currently falling to 23,350 VND/USD.
Foreign exchange rate 10.5: USD cools down, Yen skyrockets
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The foreign exchange rate today (May 10) has shown signs of cooling down. In the context of concerns about the escalating trade war, the currency, which is considered a safe haven such as the Yen and Swiss francs, has increased sharply.
Foreign exchange rate 9.5: USD skyrockets to VND23,460, market heats up
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The foreign exchange rate today (May 9) increased sharply in both the free market and the exchange rate listed at banks. USD prices on the free market skyrocketed by 75 VND compared to the previous trading session.
Foreign exchange rate 8.5: USD and Yen skyrocket ahead of US-China meeting
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The foreign exchange rate today (May 8) continues to increase strongly in both the free market and the exchange rate listed at banks. The USD/VND exchange rate at Vietcombank has increased by 40 VND in both directions compared to the previous session. The financial market is being disrupted by new tensions in US-China trade relations.
Foreign exchange rate 7.5: USD "black market" increases despite US-China tensions
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Foreign exchange rates today (May 7) increased simultaneously at domestic banks and free markets. In the international market, trade tensions between the US and China have pushed the USD down to a 5-week low against the Japanese Yen.
Foreign exchange rate 6.5: Signal of instability, USD decreases, Yen suddenly skyrockets
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The foreign exchange rate today (May 6) USD/VND increased simultaneously at domestic commercial banks. In the international market, the US dollar and other major currencies in the world are "converged" after the US president's Twitter post announcing that he will impose tariffs on China.
Foreign exchange rate 5.5: USD freely decreased, Euro accelerated to reach a 1-week peak
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The foreign exchange rate today (May 5) decreased in the "black market". While the US dollar on the world market had a decreasing trading session at the end of the week, the British pound increased to a 1-week peak due to expectations for the Brexit event.
