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Vietnamese dong
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SBV official: Vietnam not ready yet for free floating exchange rate
Vietnam's decision to change the mechanism for setting the dong’s daily reference rate is a step forward for the Southeast Asian country as it allows market forces to play a greater role in determining the exchange rate, said Bui Quoc Dung, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department in an interview with VnExpress.
Vietnam's flexible exchange rate regime needs "more transparency": World Bank
Vietnam’s shift to a more flexible exchange rate regime “is the best way at this point” as it would help improve the country’s “relatively low” foreign exchange reserves, said Sandeep Mahajan, lead economist of the World Bank office in Vietnam on Monday.
Dong slumps to lowest level against dollar in past five months
One dollar now costs 22,420 dong in major banks.
November 17, 2016 | 11:00 am PT
Vietnam may tap foreign reserves to bolster currency: central bank
The State Bank of Vietnam stands ready to stabilize the dollar/dong exchange rate by selling foreign currency.
November 24, 2016 | 11:07 pm PT
Vietnam's central bank expects credit growth to reach 17-18 percent
The State Bank also says it will keep the dong/dollar exchange rate stable.
November 29, 2016 | 11:18 pm PT
Vietnam's central bank denies rumors of currency change
The State Bank has refuted rumors that the dong is to be devalued.
December 2, 2016 | 01:05 am PT
Vietnamese dong weakens as dollar surges following Fed rate increase
The Trump effect has already started even though he's not in the Oval Office yet.
December 15, 2016 | 01:09 am PT
Vietnam central bank ready to intervene as dong dips
The Vietnamese currency hit 22,965 to the dollar on Friday as the greenback rose in global markets.
July 2, 2018 | 07:23 pm PT
Central bank intervenes to check currency fall
The dong showed signs of stability on Wednesday, rising slightly against the dollar as the State Bank of Vietnam intervened to increase foreign currency supply.
July 18, 2018 | 03:49 am PT
USD climbs to new peak against dong
The dollar rose to a new high of 23,840 dong Thursday morning, having gained over 4% this year against the Vietnamese currency as the U.S. continues to hike rates.
September 21, 2022 | 09:09 pm PT
Dollar rises on black market
The U.S. dollar rose against the Vietnamese dong on the black market Monday morning.
June 11, 2023 | 08:17 pm PT
Dollar inches up against dong
The U.S. dollar rose slightly against the Vietnamese dong Tuesday morning.
June 12, 2023 | 08:53 pm PT
Dollar gains over dong
The U.S. dollar rose against the Vietnamese dong Wednesday morning.
June 13, 2023 | 07:16 pm PT
Dollar flat against dong
The U.S. dollar fell marginally against the Vietnamese dong on the black market Thursday morning.
June 14, 2023 | 08:14 pm PT
Dollar hits 3-month high against dong
The U.S. dollar rose against the Vietnamese dong on Friday morning to the highest since March 21.
June 15, 2023 | 07:48 pm PT
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