Reference exchange rate down 2 VND on June 7
The State Bank of Vietnam set the daily reference exchange rate at 23,058 VND per USD on June 7, down 2 VND from the previous day (June 6).
Illustrative image (Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,058 VND per USD on June 7, down 2 VND from the previous day (June 6).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,749 VND per USD and the floor rate at 22,366 VND/USD.
The opening hour rates at commercial banks saw slight decreases from June 6.
At 8:15am, Vietcombank listed the buying rate at 23,345 VND/USD and the selling rate at 23,465 VND/USD, both down 10 VND from the same time on June 6.
BIDV cut 5 VND from both rates, listing the buying rate at 23,340 VND/USD and the selling rate at 23,460 VND/USD.
Meanwhile, Techcombank maintained both rates at the same level as on June 6, at 23,335 VND/USD (buying) and 23,475 VND/USD (selling).
During the week from June 3-7, the daily reference exchange rate followed the downward trend on most days except for an increase on June 6. The rate ended the week 2 VND lower than the rate on Monday.
At the end of the week, the rates at most commercial banks also dropped compared to at the week’s beginning.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
