![]() Export firms will be under pressure from the higher costs of imported raw materials and accessories. Use our currency chart to view historical rates, then order online or head to any of our 20+. Many businesses reported that the price of imported goods has increased by 1.5-2%, excluding the increase in shipping and other costs. Get the best NZD to VND exchange rate with Travel Money NZ. The dong has depreciated by more than 3.9% against the dollar since the beginning of the year, putting pressure on costs for enterprises that import raw materials and commodities and pay with the greenback. dollar is used to pay for 60-70% of import-export contracts. He said Vietnam must keep the exchange rate "stable" since it was an important front line tool in the fight against inflation. Truong Van Phuoc, former acting chairman of National Financial Supervisory Commission, predicted that the FED would continue to hike interest rates on September 21. Presently, we offer the foreign exchange in 12 currencies such as: Khmer Riel, US Dollar, Thai Baht, Chinese Yuan, Euro, Australian Dollar, Vietnamese Dong. ![]() ![]() He stated that interest rates will remain high for some time in order to keep inflation at three times the Fed's 2% target. Federal Reserve Chairman Jerome Powell, the path to lower inflation will be slow and difficult. It is currently at 109.8 points, a 20-year high.Īccording to U.S. Interest rate hike is expected to further push the Dollar Index - which measures the strength of the dollar against a basket of international currencies. Eximbank kept the rate at VND23,790.ĭollar prices also increased on the unofficial market, selling at VND24,160 Monday. Techcombank,the country's largest private lender, raised the exchange rate to VND23,811, a slight increase from the end of last week. Invert USD to VND Currency Converter for Calculate exchange rates between the US Dollar and the Vietnamese Dong as of. The dollar price fluctuated less in the private banking sector, and some even reduced their selling price. View US Dollar to Vietnamese Dong exchange rate history for as well as high, low and average USD/VND exchange rates for 2021. Analyze historical currency charts or live Vietnamese dong / Euro rates and get free rate alerts directly to your email. At VietinBank, the listed price was VND23,809. Convert 1150 VND to EUR with the Wise Currency Converter. This is the rate state-owned lender BIDV announced the same day. ![]() Vietcombank, the country’s largest lender, sold the greenback for VND23,810, up more than 3.9 percent from the beginning of this year. Some banks this morning raised the dollar's price to over VND23,800 for the first time ever. Lets say youve moved from Vietnam to the United States. The State Bank of Vietnam (SBV) set the reference rate for the Vietnamese dong at 23,295 Monday morning, leaving the dong at its lowest in recent history. Convert United States Dollar to Vietnamese Dong using the free Paytm currency converter tool to know the real time. In other words, it lets you know how much of a particular currency you can purchase with the other. ![]()
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