How will USD exchange rate move in 2019? Business

How will USD exchange rate move in 2019?

Experts have predicted that the State Bank of Vietnam (SBV) will hike the VND/USD exchange rate by 1.5-2 percent in 2019 to stabilise the macro-economy and facilitate exports.
Reference exchange rate resumes rise  Business

Reference exchange rate resumes rise

The reference exchange rate saw a rise in recent days after staying flat for several months, leading experts to say domestic economic factors plus flexible management by the State Bank of Vietnam (SBV) would stabilise the market.
Inflation forecast to hit 2.6 percent this year Business

Inflation forecast to hit 2.6 percent this year

Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission reported on June 12.
Interest rate likely to stay stable: report Business

Interest rate likely to stay stable: report

The prospect of stable interest rate in 2017 is being supported by macro factors and policies such as reduced pressure in exchange rate and drastic measures in tackling bad debt, the National Financial Supervisory Commission said.
US dollar stays at high level Business

US dollar stays at high level

The greenback rate remained at the ceiling price on August 25 despite the State Bank of Vietnam (SBV)’s August 24 announcement of no adjustment to the VND/USD rate through early 2016.
Business

New exchange rate not affecting inflation control

A senior State Bank of Vietnam (SBV) official has affirmed the bank’s June 19 decision to raise the VND/USD rate by 1 percent will help boost exports and not put pressure on inflation control efforts, radio The Voice of Vietnam (VOV) reported on June 20.