» The Exchange Rate

The central bank aims to keep the exchange rate stable The State Bank of Vietnam said it will keep the exchange rate stable, even as the dong has showed signs of weakening due to increasing dollar purchases for import and debt payments. The central bank said last week it aims to keep the rate stable until the end of the...

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After holding steady for months against the dollar, the Vietnamese dong began to show signs of weakening this week The Vietnamese dong has weakened after holding steady for months against the dollar, following a gold hoarding panic over the weekend. Commercial banks lowered the dong against the dollar on Thursday, increasing...

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VnnNews – Analysts have warned that the price of cars will increase as a result of the dong/dollar exchange rate adjustment. VnnNews – Analysts have warned that the price of cars will increase as a result of the dong/dollar exchange rate adjustment.< />   Car dealers slash prices despite VAT Stalled sales disheartens...

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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...

Tags: Business Will Have, Dollar Price, Dong Per, Dong Per Dollar, Exchange Rate, Exchange Rate Fluctuations, For Six Months, Million Dong, Per Dollar, The Business, The Dollar, The Dollar Price, The Exchange, The Exchange Rate

A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

Tags: Currency Supply, Currency Supply And, Currency Supply And Demand, Dollar Exchange Rate, Dong Dollar, Dong Dollar Exchange, Dong Dollar Exchange Rate, Exchange Rate, Exchange Rate Adjustment, Exchange Rate Will, Foreign Currencies, Foreign Currency, Foreign Currency Supply, Foreign Currency Supply And, Foreign Exchange Market, In The Last, In The Last Months, Interest Rates, Of The Year, Rate Adjustment, Supply And Demand, The Demand For, The Dong, The Dong Dollar, The Dong Dollar Exchange, The Exchange, The Exchange Rate, The Last Months, The State Bank, The Year, Thoi Bao Kinh, To The End, Vu Viet Ngoan

A deputy chairman of the National Assembly’s Economic Committee says the two percent devaluation was correct, but must be followed by measures to lower interest rates VnnNews – A deputy chairman of the National Assembly’s Economic Committee says the State Bank of Vietnam’s two percent devaluation was correct, but must...

Tags: Currency Supply, Currency Supply And, Currency Supply And Demand, Dollar Exchange Rate, Dong Dollar, Dong Dollar Exchange, Dong Dollar Exchange Rate, Exchange Rate, Exchange Rate Adjustment, Exchange Rate Will, Foreign Currencies, Foreign Currency, Foreign Currency Supply, Foreign Currency Supply And, Foreign Exchange Market, In The Last, In The Last Months, Interest Rates, Of The Year, Rate Adjustment, Supply And Demand, The Demand For, The Dong, The Dong Dollar, The Dong Dollar Exchange, The Exchange, The Exchange Rate, The Last Months, The State Bank, The Year, Thoi Bao Kinh, To The End, Vu Viet Ngoan

VnnNews – Governor of the State Bank Nguyen Giau shares his thoughts about what was done and will be done by the ‘powerful’ bank. Governor of the State Bank Nguyen Van GiauThoi bao Kinh te Vietnam: The short term interest rate subsidy package was the most important decision in 2009. Could you please tell us about how the decision...

Tags: Exchange Rate, Growth Rate, Interest Rate, The Exchange Rate, The State, The State Bank

VnnNews – The sharp dollar price increases have hurt a lot of businesses. Others are immune from ‘dollar fever’ because they can negotiate payments in dong. Smart deals Though it’s Government  policy to prevent the ‘dollarisation’ of the national economy – requiring that all transactions...

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VietNamNet Bridge – Both retailers and their customers are suffering from the sharp dollar price increases. Pointing to a HP DV3 computer, a shopper at Phong Vu in HCM City complained that its price had jumped 900,000 dong in one week.  A salesman explained that it is because dollars now cost more.  Phong Vu must pay with dollars...

Tags: Dollar Price, Dong Per, Exchange Rate, On The Black, On The Black Market, The Black Market, The Dollar, The Dollar Price, The Exchange Rate

VnnNews – Vietnam is facing a dollar shortage as a result of lackluster capital inflows this year, experts say.  VnnNews – Vietnam is facing a dollar shortage as a result of lackluster capital inflows this year, experts say, calling for adjustments to the exchange rate to ease the strain on the local currency market. ...

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