- Analytics
- News and Tools
- Market News
- USD/VND: Further gains in the dong likely in 2022 – ANZ
USD/VND: Further gains in the dong likely in 2022 – ANZ
After appreciating around mid-November to levels last seen in 2018, the Vietnamese dong has fallen nearly 1.8% over the last two weeks. Analysts at ANZ Bank believe that this does not mark a reversal in its strengthening trend, which will likely continue over 2022.
Inflow-led pressure on the dong set to increase
“As export earnings normalise and FDI flows strengthen in 2022, the inflow-led pressure on the dong will increase and further appreciation is likely.”
“The recent weakening in the dong does not mark a reversal of its strengthening trend, which we expect will continue over 2022.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
