Business

Reference exchange rate rises 9 VND

The State Bank of Vietnam set the daily reference exchange rate on January 22 at 22,879 VND/USD, up 9 VND from the previous day.
Reference exchange rate rises 9 VND ảnh 1The daily reference exchange rate is set at 22,879 VND/USD on January 22 (Photo: LienVietPostBank)

Hanoi (VNA) – TheState Bank of Vietnam set the daily reference exchange rate on January 22 at22,879 VND/USD, up 9 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,564VND/USD and the floor rate is 22,194 VND/USD.

The opening hour rates atcommercial banks continued to stay stable.

Both Vietcombank and BIDV listedthe buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD, unchangedfrom January 21.

Both rates at Techcombank also remainedunchanged at 23,135 VND/USD (buying) and 23,245 VND/USD (selling).-VNA
VNA
#daily reference exchange rate#State Bank of Vietnam#USD/VND exchange rate#trading band of +/- 3 percent#ceiling exchange rate#floor exchange rate#commercial banks in Vietnam#Vietnam's monetary policy#updated Vietnam news#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

No sudden impacts on Vietnam from FED rate hike

No sudden impacts on Vietnam from FED rate hike

The Vietnamese monetary market will not suffer from any significant impact from the US Federal Reserve (FED)’s fourth interest rate hike in 2018 as the move was already expected, experts have said.
Over 6 billion USD purchased to raise forex reserves

Over 6 billion USD purchased to raise forex reserves

The country net purchased over 6 billion USD in 2018 to raise its foreign exchange reserves, the State Bank of Vietnam (SBV) reported at a meeting in Hanoi on January 9 to launch tasks for the banking sector this year.

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.