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VND/USD exchange rate to fluctuate no more than 2% in 2015

by VTV428 May 2015 Last updated at 13:37 PM

(photo: Tuoi Tre)
(photo: Tuoi Tre)

VTV.vn - Since the State Bank of Vietnam (SBV) raised the exchange rate by one percent, the US dollar has continued to appreciate on the free market.

The exchange rate hike was intended to support exports and economic growth.

According to experts, the adjustment was aimed at narrowing the trade deficit and improving the balance of payments.

The SBV adjusted the exchange rate as the dong strengthened against currencies in other emerging economies in Asia, which is not good for an economy trying to boost growth and enhance competition. The SBV reaffirmed its determination not to increase the exchange rate by more than 2 percent in 2015.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2020-10-20 04:39 UTC

WEATHER FORECAST