VND expected to remain stable in strenuous year

VND expected to remain stable in strenuous year

The Vietnamese dong is expected to remain stable in 2019, but global volatilities may continue to threaten the export-dependent currency.
Fed interest rate hike does not affect VND

Fed interest rate hike does not affect VND

The Fed hiking interest rates last week for the fourth time this year was not a total surprise and the dong has weathered through with poise.
VND to remain steady until year’s end

VND to remain steady until year’s end

Despite recent fluctuations of the VND against the USD in response to monetary policy movements in the US and China, the dong is expected to hold itself up well towards the year’s end, with the central bank standing ready to play its part in the FX market.