Experts have predicted increased volatility in Vietnam’s foreign exchange market from now to the end of 2024, especially when the US presidential election unfolds.

Vietnam hopes to cooperate closely with the US administration in the time ahead to continue developing the Comprehensive strategic partnership between the two countries in a strong, comprehensive, stable, and long-term manner, said Vice Spokesman of the Ministry of Foreign Affairs Doan Khac Viet on October 31.

The presidential election in the US is scheduled for November 5. In light of this, the Thai Ministry of Commerce is closely monitoring the situation, as changes in the US policy under the new presidency could have a significant impact on the Thai economy.

Shares slightly increased on November 8 on the two local exchanges with modest trading liquidity as investors were waiting for the result of the US Presidential election.