Iraqi Dinar Video Updates Thursday AM 3-7-24
Iraqi Dinar Video Updates Thursday AM 3-7-24
Vietnamese Dong Latest Update Today 2024 – 3:21
Iraqi Dinar On Trade Bank Today Massive Update – 4:11
Al Sudani Big Revaluation Announcement About IQD Today – 2:15
Iraqi Dinar Video Updates Thursday AM 3-7-24
Vietnamese Dong Latest Update Today 2024 – 3:21
Iraqi Dinar On Trade Bank Today Massive Update – 4:11
Al Sudani Big Revaluation Announcement About IQD Today – 2:15
Vietnamese Dong Latest Update Today 2024 – 3:21
Iraqi Dinar On Trade Bank Today Massive Update – 4:11
Al Sudani Big Revaluation Announcement About IQD Today
Iraqi Dinar Video Updates Late Wednesday Evening 3-6-24
Iraqi Dinar Video Updates Late Wednesday Evening 3-6-24
It's Unbelievable Update IQD Exchange Rate Today 2024 – 2:20
CBI & IMF Takea Big Action About IQD RV – 3:13
IQD RV Confirmed By Donald Trump Today 2024 – 2:48
This Is Massive Update About IQD Today 2024 – 2:54
Iraqi Dinar Video Updates Late Wednesday Evening 3-6-24
It's Unbelievable Update IQD Exchange Rate Today 2024 – 2:20
CBI & IMF Takes Big Action About IQD RV – 3:13
IQD RV Confirmed By Donald Trump Today 2024 – 2:48
This Is Massive Update About IQD Today 2024 – 2:54
It's Unbelievable Update IQD Exchange Rate Today 2024 – 2:20
CBI & IMF Takes Big Action About IQD RV – 3:13
IQD RV Confirmed By Donald Trump Today 2024 – 2:48
This Is Massive Update About IQD Today 2024 2:54
Currency Insider Iraqi Dinar - Dong Updates Wednesday Afternoon 3-6-24
Currency Insider Iraqi Dinar - Dong Updates Wednesday Afternoon 3-6-24
Iraqi dinar trade bank of Iraq Bank Of Iraq big announcement – 1:53
Vietnam Dong latest rate today some positive news – 1:19
Currency Insider Iraqi Dinar - Dong Updates Wednesday Afternoon 3-6-24
Iraqi dinar trade bank of Iraq Bank Of Iraq big announcement – 1:53
Vietnam Dong latest rate today some positive news – 1:19
Iraqi dinar trade bank of Iraq Bank Of Iraq big announcement – 1:53
Vietnam Dong latest rate today some positive news – 1:19
Iraqi Dinar Video Updates Late Monday Evening 3-4-24
Iraqi Dinar Video Updates Late Monday Evening 3-4-24
Chase Bank Take Action For IQD RV – 3:18
Reside Iraqi Dinar Trading International Exchange Rate – 3:20
Chase Bank Big Announced About IQD Today 2024 – 2:22
This is Good News Coming Out From Iraq - 2:53
Iraqi Dinar Video Updates Late Monday Evening 3-4-24
Chase Bank Take Action For IQD RV – 3:18
Reside Iraqi Dinar Trading International Exchange Rate – 3:20
Chase Bank Big Announced About IQD Today 2024 – 2:22
This is Good News Coming Out From Iraq - 2:53
Chase Bank Take Action For IQD RV – 3:18
Reside Iraqi Dinar Trading International Exchange Rate – 3:20
Chase Bank Big Announced About IQD Today 2024 – 2:22
This is Good News Coming Out From Iraq – 2:53
Iraqi Dinar Video Updates Monday Afternoon 3-4-24
Iraqi Dinar Video Updates Monday Afternoon 3-4-24
Al-Sudani Big Announcment About IQD Today 2024 – 3:47
CBI Sells Millions Dollar's In Forex Today 2024 – 4:12
WOW VND 4.58$ and IQD 7.39$ Exchange Today 2024 - 3:18
Finally IQD Revaluation Confirmed Massive Update – 2:45
Iraqi Dinar Video Updates Monday Afternoon 3-4-24
Al-Sudani Big Announcment About IQD Today 2024 – 3:47
CBI Sells Millions Dollar's In Forex Today 2024 – 4:12
WOW VND 4.58$ and IQD 7.39$ Exchange Today 2024 - 3:18
Finally IQD Revaluation Confirmed Massive Update – 2:45
Al-Sudani Big Announcment About IQD Today 2024 – 3:47
CBI Sells Millions Dollar's In Forex Today 2024 – 4:12
WOW VND 4.58$ and IQD 7.39$ Exchange Today 2024 – 3:18
Finally IQD Revaluation Confirmed Massive Update – 2:45
Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24
Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24
Iraqi dinar rate and special deals revealed – 2:50
Iraqi dinar foreign investors should pay attention – 4:27
Vietnam Dong holders pay attention new rates – 1:22
Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24
Iraqi dinar rate and special deals revealed – 2:50
Iraqi dinar foreign investors should pay attention – 4:27
Vietnam Dong holders pay attention new rates – 1:22
Iraqi dinar rate and special deals revealed - 2:50
Iraqi dinar foreign investors should pay attention – 4:27
Vietnam Dong holders pay attention new rates – 1:22
Iraqi Dinar Video Updates Late Saturday Evening 3-2-24
Iraqi Dinar Video Updates Late Saturday Evening 3-2-24
Iraqi Dinar Acession To WTO And Summary Today 2024 – 4:11
Vietnam Dong Latest Update Today 2024 – 2:41
Iraqi Dinar Finally US Bank Fix New Value Of IQD 4.76$ Today 2024 – 2:30
Iraqi Dinar Iraq Bank Released New Rate Of IQD Today 2024 – 2:49
Iraqi Dinar Video Updates Late Saturday Evening 3-2-24
Iraqi Dinar Acession To WTO And Summary Today 2024 – 4:11
Vietnam Dong Latest Update Today 2024 – 2:41
Iraqi Dinar Finally US Bank Fix New Value Of IQD 4.76$ Today 2024 – 2:30
Iraqi Dinar Iraq Bank Released New Rate Of IQD Today 2024 – 2:49
Iraqi Dinar Acession To WTO And Summary Today 2024 – 4:11
Vietnam Dong Latest Update Today 2024 – 2:41
Iraqi Dinar Finally US Bank Fix New Value Of IQD 4.76$ Today 2024 – 2:30
Iraqi Dinar Iraq Bank Released New Rate Of IQD Today 2024 – 2:49
"Dollar gains 1.76% since Tet in unusual early year movement:" Vietnam News
Dollar gains 1.76% since Tet in unusual early year movement
By Minh Son February 29, 2024 | 08:51 pm PT
The dollar has appreciated by 1.76% against the dong since after the Tet (Lunar New Year) holiday, an unusual occurrence since exchange rates are usually steady in the first quarter.
There is little exchange rate volatility at this time of the year thanks to ample supply of foreign exchange, according to SSI Securities’ SSI Research.
It is not as if this year FDI or remittances have declined, it added.
Dollar gains 1.76% since Tet in unusual early year movement
By Minh Son February 29, 2024 | 08:51 pm PT
The dollar has appreciated by 1.76% against the dong since after the Tet (Lunar New Year) holiday, an unusual occurrence since exchange rates are usually steady in the first quarter.
There is little exchange rate volatility at this time of the year thanks to ample supply of foreign exchange, according to SSI Securities’ SSI Research.
It is not as if this year FDI or remittances have declined, it added.
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The difference in interest rates between the U.S. and Vietnam and the monetary policy trends of the former have kept demand for the dollar high.
The greenback has surged especially since the Lunar New Year ended on Feb.15. In less than a week after the holidays it gained VND200 against the Vietnamese currency to trade at VND24,600.
A few days after that it is sold at banks for VND24,800 – 24,850. It has gained VND430, or 1.76%, for the year. On black market, the dollar has risen to above VND25,000.
Phu Hung Securities listed four reasons for the sharp appreciation.
Firstly, the market no longer expects the U.S. to lower interest rates in the first half, they could remain high until mid-year, and any subsequent reduction may not be too significant.
This will widen the interest rate gap between Vietnam and the U.S.
Secondly, imports have been steadily rising in recent months as businesses buy more raw materials.
In January imports rose to $31 billion, the highest since July 2022.
Thirdly, the demand for foreign exchange has increased as businesses repay foreign currency loans and repatriate profits.
Lastly, the hoarding of foreign currencies globally as the dollar strengthens relentlessly is also a factor.
Ngo Dang Khoa, head of markets and securities services at lender HSBC Vietnam, expected the dollar to weaken against the dong in the second half of this year, especially once Vietnam’s economy improves.
“The dollar-dong exchange rate will close the year at around VND24,400.”
Phu Hung Securities said the State Bank of Vietnam would keep the exchange rate in check and not let it spiral out of control.
The dong is more resilient than other currencies in the region, it added.
It has only declined by 1.5% against the dollar, while the Thai baht has lost 5%, the Malaysian ringgit, 3.8% and the South Korean won, 3.1%.
Source: VNExpress
Currency Insider Iraqi Dinar - Dong Updates Late Thursday Evening 2-29-24
Currency Insider Iraqi Dinar - Dong Updates Late Thursday Evening 2-29-24
Iraqi Dinar rate linking with forex – 2:33
Iraqi dinar Revaluation Rates Agreed – 4:38
Alert for Iraqi dinar holder – 2:51
Currency Insider Iraqi Dinar - Dong Updates Late Thursday Evening 2-29-24
Iraqi Dinar rate linking with forex – 2:33
Iraqi dinar Revaluation Rates Agreed – 4:38
Alert for Iraqi dinar holder – 2:51
Iraqi Dinar rate linking with forex – 2:33
Iraqi dinar Revaluation Rates Agreed – 4:38
Alert for Iraqi dinar holder – 2:51
Iraqi Dinar - Dong Video Updates Thursday Evening 2-29-24
Iraqi Dinar - Dong Video Updates Thursday Evening 2-29-24
Breaking News Vietnam Dong Latest Update Today 2024 - 2:41
Finally Wait Is Over IQD & VND Exchanged Now – 2:58
Iraqi Dinar - Dong Video Updates Thursday Evening 2-29-24
Breaking News Vietnam Dong Latest Update Today 2024 - 2:41
Finally Wait Is Over IQD & VND Exchanged Now – 2:58
Breaking News Vietnam Dong Latest Update Today 2024 – 2:41
Finally Wait Is Over IQD & VND Exchanged Now – 2:58
Currency Insider Iraqi Dinar - Dong Updates Thursday AM 2-29-24
Currency Insider Iraqi Dinar - Dong Updates Thursday AM 2-29-24
Iraqi Dinar RV Can Change Any Time $1 – 4:13
Vietnam Dong Latest Rate Update Some Massive Changes – 1:17
Currency Insider Iraqi Dinar - Dong Updates Thursday AM 2-29-24
Iraqi Dinar RV Can Change Any Time $1 – 4:13
Vietnam Dong Latest Rate Update Some Massive Changes – 1:17
Iraqi dinar RV can change any time $1 – 4:13
Vietnam Dong Latest Rate update some massive changes - 1:17