Reference exchange rate down 7 VND
The State Bank of Vietnam set the daily reference exchange rate for VND/USD at 22,406 VND/USD on January 12, down 7 VND from the previous day.
The State Bank of Vietnam set the daily reference exchange rate for VND/USD at 22,406 VND/USD on January 12, down 7 VND from the previous day (Photo: VNA)Hanoi (VNA) – The State
Bank of Vietnam set the daily reference exchange rate for VND/USD at 22,406
VND/USD on January 12, down 7 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,075 VND and the floor rate 21,739 VND per USD.
The opening hour rates at major commercial banks remained stable.
Vietcombank, Vietinbank and BIDV all listed the buying rate at 22,675 VND/USD and the selling rate at 22,745 VND/USD, unchanged from January 11.
On the first day of the week (January 8), the reference exchange rate was set at 22,401 VND/USD. During the week, the State Bank adjusted the reference exchange rate down three times, on Monday, Thursday and Friday, and up twice, on Tuesday and Wednesday.-VNA
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,075 VND and the floor rate 21,739 VND per USD.
The opening hour rates at major commercial banks remained stable.
Vietcombank, Vietinbank and BIDV all listed the buying rate at 22,675 VND/USD and the selling rate at 22,745 VND/USD, unchanged from January 11.
On the first day of the week (January 8), the reference exchange rate was set at 22,401 VND/USD. During the week, the State Bank adjusted the reference exchange rate down three times, on Monday, Thursday and Friday, and up twice, on Tuesday and Wednesday.-VNA
You should also see
World economy’s recovery drives Vietnam’s exports
With the recovery of the world market and increasing orders, Vietnam's import and export activities in the first quarter of 2024 prospered and achieved positive results.
See more
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
Business
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
Business
Vietnam needs drastic reforms to create firm ground for economic growth: experts
Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.
