Reference exchange rate up 10 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND/USD on February 10, up 10 VND from the last working day of previous week (February 7).
Transactions at Vietcombank (Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND/USD on February 10, up 10 VND from the last working day of previous week (February 7).
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,907 VND/USD and the floor rate 22,514 VND/USD.
The opening hour rates at most commercial banks saw fluctuations in different directions.
At 8:20 am, Vietcombank listed the buying rate at 23,140 VND/USD and the selling rate at 23,310 VND/USD, both down 10 VND from the same time on February 7.
However, BIDV added 10 VND to both rates, with the buying rate listed at 23,170 VND/USD and the selling rate at 23,310 VND/USD.
Techcombank added 2 VND to the buying rate, listing the rate at 23,152 VND/USD and raised the selling rate by 22 VND to 23,312 VND/USD.
During the week from February 3-7, the daily reference exchange rate was adjusted up on the first two days, then down on Wednesday before being raised again on Thursday and stayed unchanged on Friday. It ended the week at the same level as on the first day of the week./.
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
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
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
