Business

Reference exchange rate down 2 VND on August 20

The State Bank of Vietnam set the reference exchange rate at 23,120 VND per USD in the morning of August 20, down 2 VND from the previous day.
Reference exchange rate down 2 VND on August 20 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the reference exchangerate at 23,120 VND per USD in the morning of August 20, down 2 VND from the previousday.

With the current trading band of +/- 3 percent, the ceiling rate applied tocommercial banks during the day is 23,813 VND per USD and the floor rate at22,426 VND/USD.

The opening hour rates at commercial banks lightly decreased.
 
At 8:15 am, Vietcombank offered the buying rate at 23,145 VND/USD and theselling rate at 23,265 VND/USD, down 5 VND from the previous day.

The rates at BIDV were listed at 23,144 VND/USD (buying) and 23,264 VND/USD(selling), down 6 VND from August 19.

Techcombank also cut both rates by 11 VND, listing the buying rate at 23,132VND/USD and the selling rate at 23,272 VND/USD (selling).-VNA
VNA
# State Bank of Vietnam#reference exchange rate#commercial banks#Vietcombank#selling rate#buying rate#BIDV#VietnamPlus#Viet Nam News
Follow VietnamPlus

Related News

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.