Business

Reference exchange rate goes down 2 VND

The daily reference exchange rate goes down 2 VND on May 22.
Reference exchange rate goes down 2 VND ảnh 1Illustrative image (Source: VNA)

Hanoi, (VNA)– The State Bank of Vietnam adjusted its reference VND/USD exchange rate down 2VND from the end of last week to 22,375 VND/USD on May 22.

With the current +/- 3 percent VND/USD trading band, the ceiling exchange rateis 23,046 VND per USD and the floor rate is 21,704 VND per USD.

Rates offered by major commercial banks fluctuated slightly.

Vietcombank listed its buying rate at 22,660 VND/USD and its selling rate at 22,730VND/USD, unchanged from the end of last week.

BIDV also maintained its buying and selling rates at 22,660 VND and 22,730 VND.

Techcombank made no change to its buying rate of 22,640 VND and its sellingrate of 22,740 VND/USD.-VNA

VNA
#State Bank#reference exchange rate#ceiling exchange rate#floor rate#Vietnam#Vietnam news#Vietnamplus#Vietnam News Agency#commercial banks
Follow VietnamPlus

Related News

Rising trade deficit puts pressure on exchange rate

Rising trade deficit puts pressure on exchange rate

The VND/USD exchange rate in 2017 is predicted to suffer the greatest pressure from the demand of foreign currency due to the increasing trade deficit, according to the National Financial Supervisory Commission.
Reference exchange rate drops 2 VND

Reference exchange rate drops 2 VND

The State Bank of Vietnam set the daily reference exchange rate for VND/USD at 22,370 VND per USD on May 17, down 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.