USD-VND forex rate hike not a concern despite soaring price: insiders
As the supply of the greenback is still ample, local bank officials, manufacturers and traders say they are not worried about the forex rate increase
As the supply of the greenback is still ample, local bank officials, manufacturers and traders say they are not worried about the forex rate increase
The fact that the differences in the price of gold bullion in the local and international market continued to expand, and the price of the greenback kept rising over other currencies on the international market, is the main psychological reason behind the rally of the US dollar locally
The foreign exchange rate between the US dollar and the Vietnam dong has fallen back after the information of the intervention in the forex market of the State Bank of Vietnam spread
The central bank has chosen to adjust the inter-bank rate for the US dollar instead of devaluating the dong following recent suggestions from many local experts