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VND/USD exchange rate slightly down after FED lifting

by VTV422 December 2018 Last updated at 07:24 AM

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VTV.vn - The Federal Reserve on Wednesday decided to lift its key interest rate by 0.25%, which is the fourth increase this year.

The selling price of the US dollar at domestic commercial banks decreased by 20 Vietnamese dong compared to yesterday morning, and 40 Vietnamese dong compared to the previous day. The average selling price is now 23,325 Vietnamese dong per US dollar. Experts say the exchange rate in Vietnam will not be profoundly impacted by the FED interest rate hike, because the move is predictable. And foreign exchange demand in Vietnam saw no unusual changes.

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