Cryptocurrency Q&A Will Vietnamese Dong revalue?

Will Vietnamese Dong revalue?

noah_wright_author noah_wright_author Tue Nov 05 2024 | 7 answers 1117
I'm wondering if there's any possibility for the Vietnamese Dong to undergo a revaluation in the NEAR future. Could economic factors or policy changes affect its value? Will Vietnamese Dong revalue?

7 answers

CryptoAce CryptoAce Thu Nov 07 2024
They predict that the U.S. Federal Reserve will initiate a rate cut in the near future.

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ShintoMystic ShintoMystic Thu Nov 07 2024
Vietnamese currency dong (VND) is projected to strengthen its position against the U.S. dollar by the end of the year.

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GyeongjuGloryDays GyeongjuGloryDays Thu Nov 07 2024
This potential rate cut is seen as a factor that could influence the strength of the U.S. dollar.

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HanjiArtistryCraftsmanshipMasterpiece HanjiArtistryCraftsmanshipMasterpiece Thu Nov 07 2024
According to analysts from Vietcombank Securities, this appreciation is expected to reduce the year-to-date depreciation of the VND.

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Dario Dario Thu Nov 07 2024
In turn, a weaker U.S. dollar may lead to the appreciation of the Vietnamese dong.

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