Money & Investing
Gold price update morning of August 9th: Domestic gold recovers to 144 million VND/tael
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Gold price update on the morning of August 9th maintained its upward momentum, SJC gold bars rose to 144 million VND/tael, while the market was supported by expectations that the Fed would tighten less.
Latest VPBank interest rates, deposit 2 billion VND and receive up to 336 million VND
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According to VPBank's online savings interest rate table, a deposit of 2 billion VND can receive up to 336 million VND in interest.
Silver price closing session 8.8: Simultaneously rising
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Silver price closing session 8.8: World and domestic silver prices simultaneously increased, closing a strong week of increase after many weeks of struggling.
Gold price update at the 8th of August: Bright prospects
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Gold price update closing session August 8: After a week of strong increase, gold prices are receiving positive forecasts from many Wall Street experts.
Gold prices increase by nearly 300 USD/ounce, closing the most positive week since the beginning of the year
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After about two months of sideways movement and many times testing the support zone of 4,000 USD/ounce, gold prices have broken through strongly, closing the most positive trading week since the beginning of the year.
Bitcoin price increases dramatically
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According to the reporter of Lao Dong Newspaper, the price of Bitcoin on August 11 (Vietnam time) increased by more than 6%, bringing the value of the world's largest cryptocurrency to more than 24,000 USD.
Purchasing power increases, USD prices gradually strengthen, gold prices fluctuate due to selling pressure
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Foreign exchange rate today: USD price increased despite concerns about upcoming inflation data. Gold prices are fluctuating, investment cash flow in gold is not strong. SJC gold price fell by 100 thousand VND/tael.
Gold price today 8.10: bottom-fishing demand increases, gold price skyrockets as USD decreases
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Gold prices today increased again as USD prices fell sharply. The focus of the market is on the US inflation report released this week. Gold prices are expected to have a big impact on this index.
Updated Bitcoin prices and virtual currency codes on August 10
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The virtual currency market capitalization is reaching over 1,082.977 billion USD. Of which, the value of Bitcoin accounts for 40.36%, Ethereum accounts for 18.92% of the market share.
Hot exchange rate, businesses "difficult" because USD price increases
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90% of Vietnam's import-export transactions are paid in USD. The story of exchange rate management continues to be a difficult problem that causes the State Bank to have a headache in the context of high inflation. For importing enterprises, the increase in the USD/VND exchange rate may increase capital prices, leading to a decrease in profits.
Bitcoin price maintains recovery momentum
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According to the reporter of Lao Dong Newspaper, the price of Bitcoin on August 9 (Vietnam time) increased to the highest level of over 24,000 USD. Developments show that the recovery momentum continues to be maintained in the world's largest cryptocurrency.
Fed runs out of room to increase interest rates, experts say "The State Bank of Vietnam has a headache because of exchange rates"
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Vietnams foreign exchange reserves are currently not enough to maintain monetary policy independence. US interest rates are expected to peak in late 2022. The Fed must stand together, if it is sitting, it must sit. The prices of countries that choose to be independent in monetary policy such as Thailand and Japan are that domestic currencies have lost a lot of value," said Mr. Tran Ngoc Bau, Founder & CEO of WiGroup.
When money is no longer cheap, Dr. Quach Manh Hao predicts what about stocks
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In the period when money is no longer cheap, the differentiation in the stock market is even clearer. According to Dr. Quach Manh Hao, the market has recently adjusted somewhat excessively due to the rush of cash flow.
Which bank can I deposit 200 million to receive high interest?
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With a idle financial amount of about 200 million VND deposited in a bank, the interest received will depend on the deposit term and the corresponding deposit interest rate.
Big bottom, USD price skyrockets, gold price loses 300,000 VND/tael
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Foreign exchange rate today: USD price increased sharply against the Japanese Yen. Gold prices fell as the US dollar and US bond yields increased.
2 banks appear with high interest rates up to 7.3% for a term of 36 months
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SCB Bank, Kien Long are leading the list of banks with interest rates for 36 months, with interest rates up to 7.3%.
Unexpected hot news, USD price skyrockets, gold price drops by 300,000 VND/tael
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Foreign exchange rate today: USD price increased after the employment report data was released. Gold prices rebounded after China-US tensions but then plummeted.
Bank interest rates for 18-month terms: Unexpected bank with the highest interest rate
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Which bank should I deposit money for an 18-month term to receive the highest interest rate? Many people are always interested in it. Below is the interest rate table that readers can refer to.
Depositing for a 24-month term: Agribank, Vietinbank, BIDV are champions of low interest rates?
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The highest 24-month bank interest rate in August 2022 is up to 7.3%; the lowest interest rate is 5.6%. Of which, Agribank, Vietinbank, BIDV are the banks with the lowest interest rates.
A bank appears with very high interest rates for a 12-month term
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In August 2022, 12-month bank interest rates ranged from 5.6% - 7.3%.
