Malaysian Prime Minister Anwar Ibrahim has said that China is ready to hold negotiations with Malaysia on the establishment of Asian Monetary Fund (AMF) to reduce the dependence on the US dollar.
Unlike previous months, Ho Chi Minh City recorded a month-on-month decline of 0.07% in its December consumer price index (CPI), the municipal Statistics Office said on December 30.
The global energy and food crisis, central banks’ interest rates hike to cope with inflation and the establishment of the COP27 “loss and damage” fund, were among the top 10 world economic events in 2022, as selected by the Vietnam News Agency (VNA).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,626 VND/USD on December 26, down 5 VND from the last working day of previous week (December 23).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,658 VND/USD on December 5, down 2 VND from the last working day of the previous week (December 2).
Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,674 VND/USD on November 21, down 1 VND from the last working day of previous week (November 18).
The ringgit should start to strengthen against the US dollar from the second quarter of next year onwards and settle at the 4.40 level in the fourth quarter of 2023, Malaysian news agency Bernama reported, citing a note released by AmBank Research.
The State Bank of Vietnam (SBV) on October 24 continued to sharply increase the selling price of the US dollar by 490 VND to 24,870 VND per USD - the highest rise in many years.
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