» Dong Per Dollar

SBV has released a document urging Hanoi and HCM City branches to strengthen inspections of real estate transactions made in dollars. VnnNews – The State Bank of Vietnam (SBV) has released a document urging Hanoi and HCM City branches to strengthen inspections of real estate transactions made in dollars. The move is part of an effort...

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Dollar deposit interest rates are rising. The banking market may witness a new race to mobilize capital in foreign currencies. VietNamNet Bridge – Dollar deposit interest rates are rising.  Presumably this will suck dollars out from under mattresses, thus easing the recent imbalance in dollar supply and demand.  The banking...

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What are businesses doing in response to the State Bank of Vietnam’s decision to devalue the dong/dollar exchange rate by two percent? VnnNews – What are businesses doing in response to the State Bank of Vietnam’s decision to devalue the dong/dollar exchange rate by two percent? They have to be more cautious when considering...

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Late on Tuesday, August 17, SBV announced it would drop the dong’s value against the US dollar rate by two percent. VietNamNet Bridge – Late on Tuesday, August 17, the State Bank of Vietnam (SBV) announced it would drop the dong’s value against the US dollar rate by two percent. The black market adjusted immediately.   US...

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VnnNews – Experts have warned that the dong/dollar exchange rate would bear greater pressure towards the end of the year. VnnNews – Experts have warned that the dong/dollar exchange rate would bear greater pressure towards the end of the year. The price of the dollar on the black market has increased, while businesses complain...

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VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase, though the sales prices remain at ceiling levels. Businesses complain that they meet difficulties when trying to buy dollars.   Shipping companies refuse...

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VietNamNet Bridge – The dong/dollar exchange rate in the last few days has increased rapidly VietNamNet Bridge – The dong/dollar exchange rate in the last few days in the black market and the rate quoted by commercial banks both have increased rapidly, surprising many people because the official interbank exchange rate has...

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VnnNews – The State Bank of Vietnam (SBV) yesterday afternoon denied claims that Vietnam will devalue the dong by four percent VnnNews – The State Bank of Vietnam (SBV) yesterday afternoon denied claims that Vietnam will devalue the dong by four percent, saying that the dollar supply is profuse.   Dong/dollar exchange rate...

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VnnNews – After dropping continuously over the last month, the dollar price has risen once more. VnnNews – After dropping continuously over the last month, the dollar price has risen once more, both on the bank-to-business market and the black market.   Dong/dollar 2010 exchange rate unpredictable Dollar price rises before...

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VnnNews – The domestic gold price has decreased by 100,000 dong per tael compared to the beginning of 2009. Gold prices will make history in 2010Gold price skyrocketing, gold market burningGold prices following VND/US$ exchange increases Sold at 26.15-26.20 million dong per tael, domestic gold this morning saw no change compared...

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