Keyword: "foreign exchange"

The Bank of the Lao PDR (BOL) has recently launched the Capital Flow Management System (CMS) to enhance foreign exchange management and improve financial stability in the country.

Remittances to Ho Chi Minh City in 2024 reached over 9.5 billion USD, up 0.9% year-on-year, the State Bank of Vietnam (SBV)'s branch in the city announced on January 16.

Net profits from the foreign exchange trading segment of many banks have gained positive results thanks to a strong USD/VNĐ exchange rate fluctuations this year.

The State Bank of Vietnam (SBV) has applied a 0% interest rate on foreign currency deposits to address foreign exchange and exchange rate volatility, Governor Nguyen Thi Hong explained during a question-and-answer event at the 15th National Assembly’s 8th session.

Experts have predicted increased volatility in Vietnam’s foreign exchange market from now to the end of 2024, especially when the US presidential election unfolds.

The State Bank of Vietnam (SBV) has shortened terms and kept the interest rate of its bills unchanged to increase the attractiveness of the bill channel, which will help raise the interbank interest rates and reduce pressure on the USD/VND exchange rate.

The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.

Hanoi police have warned people against illegal foreign exchange trading platforms on the internet which have swindled many out of their money.

Experts of the World Bank (WB) said that accelerating public investment disbursement can support aggregate demand and economic growth in the short term while ensuring investment in human resources and green infrastructure.

Indonesia's 2023 state budget will be prioritised for post-COVID-19 pandemic economic recovery efforts, an official has said.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has underlined the need for proactive and flexible response to changes to control inflation and stabilise the macro-economy while talking about some issues mentioned by legislators on October 28.

A central bank official said the current USD/VND exchange rate, which has increased by about 2% from the end of 2021, is appropriate as compared to developments in the domestic and foreign markets.

Indonesia’s foreign exchange (forex) reserves increased to 135.1 billion USD in July, the highest level ever, following the government’s move to issue global bonds, Bank Indonesia (BI) has announced.

Indonesia’s rupiah (IDR) on March 18 touched the lowest level since the 1998 crisis as fears of a global recession over the rapid spread of the novel coronavirus disease (COVID-19) prompts investors worldwide to dump financial assets.

The State Bank of Vietnam set the daily reference exchange rate at 23,234 VND per USD on February 20, up 6 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate at 23,206 VND/USD on February 4, up 5 VND from the previous day.

The State Bank of Vietnam set the daily reference exchange rate at 23,156 VND/USD on January 16, down 2 VND from the previous day.

The daily reference exchange rate turned around to go up 8 VND on July 5, being set at 22,638 VND per USD, reversing the downward trend since the beginning of the week.

A workshop was held in the central province of Nghe An on June 29 to seek ways to boost border trade activities with Laos.

The International Monetary Fund is not too concerned over recent pressure on exchange rates in Indonesia and the Philippines as it is not triggered by domestic factors and Asia has stronger reserves than in the past, an IMF official said on May 9.