currency

The Currency category covers foreign exchange markets, monetary policy, and macroeconomic factors affecting currency valuations. It explores exchange rate fluctuations, central bank interventions, inflationary trends, and trade impacts, providing insights into currency markets, forex trading, and financial regulations. This section is essential for businesses, investors, and policymakers monitoring the effects of currency movements on the economy.

 

Currency: Vietnam dong weakens slightly, black market premium persists

The central exchange rate for the Vietnam dong rose slightly to 25,052 per US dollar today from 25,048 yesterday, up 0.02 percent, according to data from the State Bank of Vietnam (SBV). Meanwhile, black market rates, according to Ty Gia USD, continue to trade significantly higher, indicating persistent demand for US dollars outside official channels.

Read More »

Vietnam foreign exchange market to reach US$7.9 billion by 2033: Report

Vietnam’s foreign exchange market reached US$3.4 billion in 2024 and is forecast to more than double to US$7.9 billion by 2033, with an expected compound annual growth rate (CAGR) of 9.61 percent during 2025–2033. The sector is expanding on the back of robust exports, foreign direct investment, and growing financial market sophistication, according to a report from IMARC Group.

Read More »

Vietnam C.bank readying itself to resume Forex sales: Local media

Of note, CafeF has reported, citing ‘sources’, that the SBV has advised some local banks that it intends to resume selling foreign currency. This has also been reported by Vietnam Securities Economic Magazine which has noted the intervention price has been set at 25,450–Vietcombank, among Vietnam’s biggest foreign currency traders, was selling US dollars yesterday for 25,475…

Read More »
🛑 BEFORE YOU GO ⬇
Create your listing