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Federal Reserve
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Higher Fed interest rate could weaken Vietnamese currency
The U.S. recent interest hike might result in a high demand for U.S. dollars in Vietnam, weakening the local currency further, experts say.
Trump has discussed firing Federal Reserve chairman Powell: Bloomberg
U.S. President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell, Bloomberg reported on Saturday, citing sources.
New US interest rate to exert pressure on Vietnam’s inflation goal
The recent increase in U.S. interest rate will generate pressure on the Vietnamese dong and make inflation target hard to meet, experts warn.
September 29, 2018 | 08:58 pm GMT+7
Fed raises US interest rates, sees at least three more years of growth
The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary policy.
September 27, 2018 | 09:00 am GMT+7
Vietnam's forex market to see stability through year-end: report
Strong investment and remittance inflows have put the country in a good position this year.
November 01, 2016 | 11:28 am GMT+7
Global markets wrap up: Asia down, dollar buoyant after Fed signals potential near-term hike
Asian stocks slipped but the dollar was buoyant early on Thursday as markets scrambled to factor in a near-term U.S. interest rate hike foreshadowed in minutes of the Federal Reserve's last monetary meeting.
May 19, 2016 | 08:23 am GMT+7
Global markets wrap up: Revived Fed hike expectations send Asian shares lower
Asian shares stepped back on Wednesday after strong U.S. inflation data and comments from Federal Reserve officials rekindled the prospects of the central bank raising rates later this year.
May 18, 2016 | 10:58 am GMT+7