exchange rates News

ECB's Lagarde Signals Readiness to Deploy Tools Amid U.S. Tariff Tensions

ECB President Christine Lagarde announces the bank's readiness to use all available tools to ensure stability amidst U.S. tariff tensions and market volatility, while closely watch...

ECB's Lagarde Signals Readiness to Deploy Tools Amid U.S. Tariff Tensions and Market Volatility

ECB President Christine Lagarde announces the bank's readiness to use available tools to maintain stability amidst U.S. tariffs and market volatility, while closely watching exchan...

Dollar Takes a Dive Against Dong: A Closer Look at Vietnam's Currency Market Dynamics

The dollar's value against the dong sees a notable decrease, with Vietcombank selling at VND26,000. The State Bank of Vietnam adjusts its reference rate amidst global market uncert...

US Dollar Suffers Significant Drop: A 2% Plunge as Global Currencies Strengthen

The US dollar experienced a notable decline, dropping 2% as global currencies gained strength. This was influenced by a soft CPI report and measures to reduce market volatility, wi...

US Dollar Takes a Nosedive: A 2% Drop Sparks Global Currency Shifts

The US dollar's significant 2% drop reflects growing concerns over the US economy's resilience, influenced by a soft CPI report and recent political announcements. Key currencies l...

South Korea Faces Sharp Decline in Foreign Currency Deposits as Exchange Rates Skyrocket

South Korea's foreign currency deposits are rapidly declining due to surging exchange rates, with experts warning of further depreciation and potential economic interventions amids...

Dollar Takes a Dive on the Black Market: A Closer Look at the Latest Exchange Rates

The dollar's value has slightly decreased on the black market, with unofficial exchange points selling it at VND25,840. Meanwhile, Vietcombank maintains a steady rate, and the Stat...

Slight Uptick in Dollar Value Against Dong Amid Global Trade Concerns

The U.S. dollar sees a slight increase against the Vietnamese dong, with Vietcombank adjusting its rates. Globally, the dollar remains strong amid trade war concerns, affecting maj...

Record-Breaking $68.96 Billion in Daily Forex Transactions Signals Strong Market Growth in 2024

In 2024, daily forex transactions hit a record $68.96 billion, driven by increased hedging demand and overseas investments. The won-dollar exchange rate rise significantly boosted ...

Dollar's Slight Decline on the Black Market: A Closer Look at Vietnam's Exchange Rates

The dollar experienced a slight decline on Vietnam's black market, with unofficial exchange points selling it at VND25,755, down 0.17% from Friday. Vietcombank kept its rate unchan...

U.S. Dollar Experiences a Dip in the Black Market: A Detailed Analysis

The U.S. dollar faced a slight decrease in the black market, with unofficial rates dropping to VND25,800. Despite this, official rates remained stable, showcasing the complex dynam...

South Korea's Largest Domestic Supply Price Index Increase in Seven Months: Causes and Implications

The Bank of Korea reported a 0.6% increase in the domestic supply price index for November, the largest in seven months, due to higher exchange rates and electricity rate hikes. Th...

Inflationary Pressure Looms as Exchange Rates Surge: BOK's Forecast for December

Kim Woong, deputy governor of the Bank of Korea, predicts inflationary pressure due to high exchange rates will emerge starting in December. This prediction comes as the Consumer P...

Dollar's Decline Against Dong: Black Market Exchange Rates

The dollar fell 0.12% against the Vietnamese Dong at unofficial exchange points to VND25,810, while remaining stable at VND25,509 at Vietcombank. The State Bank of Vietnam kept its...

Inflationary Pressure Looms as Exchange Rates Surge: BOK's Warning

Kim Woong, deputy governor of the Bank of Korea, warns of inflationary pressure due to high exchange rates starting in December. The Consumer Price Index (CPI) for November showed ...