Reference exchange rate up strongly at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,239 VND per USD on June 15, up 17 VND from the last working day of previous week (June 12).
The daily reference exchange rate was set at 23,239 VND per USD on June 15 (Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,239 VND per USD on June 15, up 17 VND from the last working day of previous week (June 12).
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,936 VND/USD and the floor rate 22,541 VND/USD.
On the contrary, the opening hour rates at commercial banks saw slight reductions.
At 8:25 am, Vietcombank listed the buying rate at 23,100 VND/USD and the selling rate at 23,310 VND/USD, both down 10 VND from June 12.
At BIDV, both rates were also cut by 10 VND to 23,130 VND/USD (buying), and 23,310 VND/USD (selling).
Techcombank kept both rates unchanged at 23,111 VND/USD (buying), and 23,311 VND/USD (selling).
During the week from June 8-12, the reference exchange rate was adjusted down for most of the week before turning around to go up on Friday. It ended the week 18 VND lower than the rate on Monday.
The rates listed at commercial banks fluctuated throughout the week but ended the week mostly lower than those on Monday./.
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
Dak Lak firm pioneers in following EUDR in coffee production
The Dak Lak September 2 Import-Export Company Limited (Simexco) has pioneered in building coffee growing areas following the EU Deforestation Regulation (EUDR), it announced on April 25.
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Business
Vietnam ranks fifth among aquatic product suppliers for Singapore
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Business
Forum seeks ways to boost exports amid external challenges
Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.
Business
Enterprises want clearer regulations on seafood production
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
