Officially sold outside the bank at a higher rate than the official rate. This supply only accounts for a small proportion of sales on TTKCT. 2.3.4.3. Foreign currency demand in the informal foreign exchange market Residents who need foreign currency: international students, people who travel ...
This is a strategy that allows the option buyer to secure a desired floor price, while still having the opportunity to profit when the price increases (with no upper limit), which means eliminating the disadvantage of the futures contract when exchange rate fluctuations appear in favor of the ...
And they will buy more Vietnamese goods and assets and thus they will have to convert more foreign currency into Vietnamese Dong to serve this purpose. 7.2.2. Demand for foreign currency There is a demand for country As currency in the foreign exchange market when people from other countries buy ...
In addition, the thesis consults sources of documents from government decrees, guidance documents of the State Bank, scientific journals, specialized journals, documents of scientists, opinions of colleagues and bank managers. 4.2.2. Data analysis Collected data will be statistically analyzed, ...
Meet peoples investment needs, limit the situation of storing foreign currency in safes when people have excess capital but are not confident about holding VND. The development of the official foreign exchange market is also a result of the narrowing of the unofficial foreign exchange market and ...
1.2 million USD – LIBOR + 0.25% LIBO R 1.2 million USD 1 million EUR USD interest USD interest USD interest USD interest EUR interest EUR interest EUR interest EUR interest 1 million EUR 1.2 million USD Present year 1 year 2 year 3 year 4 year 5 Bank B Company A 3% 1 million EUR – 3.25% The ...
