The SBV sets the reference rate for the value of the dong against the US dollar. The USD is the base currency and the VND is the quote currency. The USD/VND pair refers to how many Vietnamese dong one US dollar can buy. In forex ( FX) trading, currencies are traded in pairs, which express how much they are worth in relation to each other. In this article we look at the drivers for the recent performance of the USD/VND pair and the latest forecasts from foreign exchange (forex) analysts. What is the outlook for the USD/VND exchange rate in the current environment? Will the USD continue to set new highs? But with more US Federal Reserve ( Fed) hikes to come, the dollar is likely to remain at its highest levels against other currencies in decades, including the dong. The State Bank of Vietnam (SBV) has raised interest rates to reduce the differential with rapidly rising US rates. The Vietnamese dong ( VND) fell to a record low against the US dollar ( USD) last week and remains under pressure in the face of persistent dollar strength. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.The USD/VND pair refers to how many Vietnamese dong one US dollar can buy Photo: Dave Primov / Shutterstock Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright © Refinitiv. Data may be intentionally delayed pursuant to supplier requirements. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright © FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes.
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