
US Dollar Dips to VND26,200 as State Bank of Vietnam Sets Record Rate
The greenback rose 0.23 percent to around VND25,880 on the black market while the central bank’s reference rate reached VND25,637.
Tag
70 stories in this topic

The greenback rose 0.23 percent to around VND25,880 on the black market while the central bank’s reference rate reached VND25,637.

More than 85 percent of Philippine imports consist of raw materials, capital equipment, and fuel, leaving local consumer supply chains exposed to currency swings.

Unofficial currency traders pushed the greenback up 0.19 percent to VND25,970 even as official commercial bank rates edged down.

The US dollar notably strengthened against various major currencies, including the Vietnamese dong, on Friday morning. The upward trend was observed as Vietcombank, a leading Vietnamese retail bank, increased the selling price of the dollar by 0.04% to…

The State Bank of Vietnam has adjusted its central USD/VND exchange rate to an unprecedented high, reflecting a strong U.S. dollar in global markets. The central bank’s rate has escalated to VND25,306, marking a 0.05% increase from the previous day. Notably,…

Deel, the global workforce management company, is set to intensify its focus on digital assets as it unveils a stablecoin wallet. This innovative solution is intended to support contractors in emerging economies by maintaining the value of their income,…

On Wednesday morning, the U.S. dollar experienced a decrease in value against the Vietnamese dong, while also falling against other major currencies. The greenback was sold by Vietcombank at VND26,393, marking a minimal decrease of 0.004% from its value on…

The U.S. dollar started Wednesday on a stronger note against the Vietnamese dong while simultaneously displaying a slight weakness against other major global currencies. The greenback was traded at VND26,368 by Vietcombank, marking an increase of 0.008% from…

On Friday, the United States dollar showed an increase against the Vietnamese dong, even though it was headed for a weekly depreciation against other major currencies. Vietcombank reported a slight increase of 0.01% in its selling rate of the US dollar, which…

On Wednesday morning, the U.S. dollar depreciated against the Vietnamese dong while primarily remaining stable against other significant counterparts. Vietcombank marked the greenback at VND26,359, a marginal 0.02% dip from the previous day. Simultaneously,…

Companies across the globe are progressively employing the Chinese yuan in an array of contexts, as noted in a recent study by Standard Chartered. These contexts range from settling trade transactions to financing supply chains. A growing number of…

On Wednesday morning, the US dollar experienced a surge against the Vietnamese dong while simultaneously witnessing a decline against several of its other major counterparts. In the currency exchange, Vietcombank sold the US dollar at VND26,309. This…

The US dollar experienced a dip in value against the Vietnamese dong on Monday, hovering around a four-month low in comparison to major currencies. Vietcombank listed a slight decrease of 0.05% over the weekend in the exchange rate of the US dollar, trading…

As the retail landscape in Asia continues to evolve, a new wave of technology is redefining how consumers engage with brands. A recent report from tech analysts reveals that immersive shopping experiences, powered by augmented reality (AR) and virtual reality…

The U.S. dollar experienced a slight uptick against the Vietnamese dong and major global currencies on Monday morning, signaling a moment of resilience amidst fluctuating financial tides. Vietcombank reported selling the greenback at VND26,150, marking a…

Thai businesses are pressing the central bank to take measures to stabilise the domestic currency (baht), which has rapidly gained strength and could impact fourth-quarter growth. Speaking at a press conference on September 23, Deputy Chairman of the Thai…
Weekly Briefing
Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.