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2016 is a big difference in the evolution of the USD / VND. Together, the foreign exchange reserves continued to rise and significantly improved.
According to the understanding of VNS, from late June to date, the State Bank has regularly purchased foreign currency, the exchange rate and to stabilize the market . This activity marked purchased from Britain after the voters vote to leave the European Union (Proposed referendum on United Kingdom membership of the European Union).
In particular, on 6/24/2016, before the impact of events Proposed referendum on United Kingdom membership of the European Union, the domestic foreign exchange market fluctuations, the USD / VND rose sharply, buying foreign currency operations of the State Bank since the beginning of the month 2/2016 interrupted.
However, the exchange rate and the market quickly stabilized, banks State to return to a net purchase of foreign currency. It is also the biggest difference in 2016 compared with recent years.
Since the end of 2011 and 2015, with commitments of approximately oriented movements that give the State Bank, the USD / VND basically stable, foreign exchange reserves increased sharply. However, from mid-2015, the USD / VND express volatile session, the operator must sell large amounts of foreign currency for intervention, foreign reserves decline.
Report macroeconomic outlook 3/2016 quarterly HSBC recently launched have led some data and forecasts to reflect movements in.
HSBC data updates resulting from the International Monetary Fund (IMF) for t
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