Reference exchange rate down 2 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,609 VND/USD on January 31, down 2 VND from the previous day.
State Bank of Vietnam sets daily reference exchange rate at 23,609 VND/USD on January 31 (Photo: VNA)With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 23,89 VND/USD and the floor rate 22,490 VND/USD.
The opening hour rates at commercial banks stayed stable.
At 8:15am, Vietcombank listed the buying rate at 23,250 VND/USD and the selling rate 23,620 VND/USD, unchanged from the end of January 30.
BIDV also kept its both rates unchanged from the end of the previous session, listing the buying rate at 23,300 VND/USD and the selling rate 23,600 VND/USD./.
You should also see
Vietnam urged to build legal corridor for AI industry
Vietnam needs a policy on artificial intelligence (AI) to help this industry develop strongly, while minimising risks, according to insiders.
See more
Business
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Business
Auction for gold bullion to continue on April 25
Another bidding session for 16,800 taels of gold bullion will be held on April 25, the State Bank of Vietnam said in a statement.
Business
Over 20,000 products exhibited at Global Sourcing Fair Vietnam 2024
The Global Sourcing Fair Vietnam 2024 hosted by Global Sources kicked off in Ho Chi Minh City on April 24 with the participation of over 400 Vietnamese exhibitors and those from other Asian nations who are showcasing over 20,000 export-standard products across various industries.
Business
Vietnam attends Asia’s biggest food, hospitality expo in Singapore
Five Vietnamese enterprises operating in the fields of food and hospitality are attending the Food & Hotel Asia (FHA) 2024 which is taking place in Singapore from April 23-26.
Business
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
