Reference exchange rate down 6 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,140 VND/USD on February 28, down 6 VND from the last working day of previous week (February 25).
Illustrative image (Photo: VNA)With the current trading band of +/- 3 percent, the ceiling rate applicable to commercial banks during the day is 23,834 VND/USD and the floor rate 22,446 VND/USD.
The opening-hour rates at commercial banks showed a declining trend.
At 8:40am, Vietcombank listed the buying rate at 22,640 VND/USD and the selling rate at 22,950 VND/USD, both down 30 VND from February 25.
BIDV kept both rates unchanged at 22,700 VND/USD (buying) and 22,980 VND/USD (selling).
During the week from February 21 to 25, the reference exchange rate fluctuated variably but ended the week up 13 VND from the rate on Monday./.
You should also see
Vietnam attends international security meeting in Russia
A Vietnamese delegation led by Minister of Public Security General To Lam is attending the 12th International Meeting of High Representatives for Security Issues in Russia’s St. Petersburg city from April 23-25.
See more
Business
Petrol prices decrease slightly on April 25
The retail prices of petrol were adjusted down from 3pm on April 25 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
