USD

State bank explains weakening dong despite falling US dollar

State bank explains weakening dong despite falling US dollar

VnExpress
The director of the monetary policy department, Pham Chi Quang, explained that the State Bank's desire to maintain low interest rates and foreign investors' net selling are the reasons for the Vietnamese dong's depreciation despite the weakening US dollar.
US dollar falls on Trump spending bill

US dollar falls on Trump spending bill

VnExpress
On the morning of 1/7, the US dollar fell to its lowest level in nearly 4 years against the euro and continued to weaken against the British pound and the Japanese yen.