News about foreign currency

Huỳnh Duy Sang, Director of Financial Markets at ACB, said that although the exchange rate has been relatively stable over the full year since early 2026, short-term swings can still pose risks to importers and exporters. An importer paying when the rate rises may face higher costs, while an exporter receiving payment at an unfavorable rate may see lower converted revenue. He noted that year-end pressure could emerge as import demand rises, while US interest rates and the Fed's policy path remain variables to watch. He advised businesses to build hedging plans aligned with their business cycles, and to consider tools such as FX forwards to lock in rates for expected foreign currency flows.