The State Bank of Vietnam set the daily reference exchange rate at 23,606 VND/USD on January 3, down 6 VND from the rate on the last day before the New Year holiday (December 30).
The State Bank of Vietnam (SBV)’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year (Tet).
Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,678 VND/USD on November 14, down 5 VND from the last working day of the previous week (November 11).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,451 VND/USD on October 10, up 19 VND from the last working day of the previous week (October 7).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,412 VND/USD on October 3, up 12 VND from the last working day of previous week (September 30).