Reference exchange rate falls for fourth consecutive day
The reference exchange rate for VND/USD was set at 22,108 VND per USD on November 3 morning, down 9 VND from the previous day and was the fourth reduction in a row.
Illustrative photo (Source: VNA)Hanoi (VNA) – The reference exchange rate for VND/USD was set at 22,108 VND per USD on November 3 morning, down 9 VND from the previous day and was the fourth reduction in a row.
Accordingly, the reference exchange rate lost 27 VND after four days.
With the current trading band of +/-3%, the ceiling rate for commercial bank on November 3 is 22,679VND per USD and the floor rate, 21,358 VND.
The opening rates at commercial banks saw almost no change from the day before.
Both Vietcombank and BIDV listed their buying rate at 22,285 VND one USD and selling rate, 22,355 VND, the same as November 2.
Eximbank listed the rates at 22,280 VND (selling) and 22,360 VND (buying) for one USD, unchanged from the previous day.
The rates at Techcombank were maintained at 22,280 VND (buying) and 22,390 VND per USD.-VNA
You should also see
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.
See more
Business
Long An, Japan's Okayama city explore cooperation opportunities
Leaders of Vietnam’s southern Long An province and Japan’s Okayama city engaged in a dialogue on April 26 to discuss cooperation between the two localities.
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pook of both domestic and international investors for socio-economic development.
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
