Remittances poured into Vietnam have increased continuously through years, contributing to raising foreign currency supply and stabilising the exchange rate.
The daily reference exchange rate was set at 23,100 VND per USD on August 5, the highest level so far, up 10 VND from the last working of previous week (August 2).
Thailand and Japan have signed a memorandum of understanding on cooperation to promote the use of their local currencies in order to settle bilateral trade and investment.
To aid Thai investors doing business abroad, Kasikorn Bank has become the first bank in Thailand to accommodate transactions in all the currencies of the ASEAN+3 grouping.