Business

Reference exchange rate revised down 7 VND on November 1

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,138 VND per USD on November 1, down 7 VND from the previous day (October 31).
Reference exchange rate revised down 7 VND on November 1 ảnh 1Illustrative image (Source: VNA)

Hanoi(VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rateat 23,138 VND per USD on November 1, down 7 VND from the previous day (October31).

With the currenttrading band of  +/- 3 percent, the ceiling rate applied to commercial banksduring the day is 23,833 VND per USD and the floor rate at 22,443 VND/USD.

The opening hourrates at some commercial banks saw fluctuations.

At 8:20 am,Vietcombank listed the buying rate at 23,120 VND/USD and the selling rate at23,270 VND/USD, both up 5 VND as compared to the same time on October 31.

BIDV reduced bothrates by 10 VND, with the buying rate listed at 23,140 VND/USD and the sellingrate at 23,260 VND/USD.

Meanwhile,Techcombank cut both rates by 1 VND, listing the buying rate at 23,131 VND/USDand the selling rate at 23,271 VND/USD./.
VNA
#State Bank of Vietnam (SBV)#daily reference exchange rate#trading band#ceiling rate#commercial banks#floor rate#Vietcombank#BIDV#Techcombank#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Exchange rate down 3 VND on October 29

Exchange rate down 3 VND on October 29

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,149 VND per USD on October 29, down 3 VND from the previous day (October 28).
Reference exchange rate down 4 VND

Reference exchange rate down 4 VND

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,145 VND per USD on October 30, down 4 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.