Business

Reference exchange rate down 3 VND

The State Bank of Vietnam announced the reference exchange rate for VND/USD on January 5 at 22,159 VND for one USD, down 3 VND from the day before.
Reference exchange rate down 3 VND ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam announced thereference exchange rate for VND/USD on January 5 at 22,159 VND for one USD,down 3 VND from the day before.      

With the current trading band of /-3 percent, the ceiling rate appliedto commercial banks during the day is 22,824 VND and the floor rate, 21,494 VNDper USD.

The rates listed at commercial banks during the opening hour on January5 continued the falling trend from the previous day.

Vietcombank reduced both buying and selling rate by 35 VND, to 22,655VND (buying) and 22,725 VND (buying) per USD.

Both the rates at BIDV saw a decrease of 25 VND, standing at 22,655 VND(buying) and 22,725 VND (selling) for one USD.        

Meanwhile, the buying rate at Eximbank was cut by 20 VND to 22,640 VNDand the selling rate dropped 30 VND to 22,730 VND per USD.

Vietinbank cut its buying rate by 10 VND to 22,660 VND but kept the sellingrate unchanged from the day before at 22,730 VND for one USD.-VNA   
VNA
#reference exchange rate#trading band
Follow VietnamPlus

Related News

State bank works to ensure stable exchange rate

State bank works to ensure stable exchange rate

The State Bank of Vietnam (SBV) will keep a close watch on the developments of the domestic and global economies to work out measures to ensure stable exchange rate management in 2017.

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.