December 23, 2021 | 09:38

USD/VND exchange rate tipped to rise

After a period of stability, the USD/VND exchange rate has recently begun to fluctuate by a wide margin. It is currently at a relatively high level compared to the beginning of the year, when the foreign currency status in the system was negative. United Overseas Bank (UOB) has forecast that the USD and other exchange rates will continue to rise in Asia as the US Fed increases interest rates in the year to come.

USD/VND exchange rate tipped to rise
Photo: VnEconomy
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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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