Business

Reference exchange rate down 14 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,107 VND/USD on May 24, down 14 VND from the previous working day.
Reference exchange rate down 14 VND ảnh 1The daily reference exchange rate for the US dollar is set at 23,107 VND/USD on May 24. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for theUS dollar at 23,107 VND/USD on May 24, down 14 VND from the previous workingday.

With thecurrent trading band of +/-3 percent, the ceiling rate applicable to commercialbanks during the day is 23,796 VND/USD and the floor rate 22,409 VND/USD.

Theopening-hour rates at some commercial banks saw increases.

At 8:30 am,Vietcombank added 5 VND to both rates, listing at 23,010 VND/USD (buying) and23,320 VND/USD (selling).

BIDV alsoraised both rates by 5 VND, listing the buying rate at 23,035 VND/USD and theselling rate at 23,315 VND/USD./. 
VNA
#State Bank of Vietnam#daily reference exchange rate#commercial banks#Vietnam's monetary policy#Vietcombank#BIDV#USD/VND exchange rate#updated Vietnam news#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Reference exchange rate up 2 VND

Reference exchange rate up 2 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,142 VND/USD on May 19, up 2 VND from the previous day.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.