Business

Reference exchange rate up 2 VND on August 19

The daily reference exchange rate was set at 23,122 VND per USD on August 19, up 2 VND from the last working day of previous week (August 16).
Reference exchange rate up 2 VND on August 19 ảnh 1The daily reference exchange rate was set at 23,122 VND per USD on August 19 (Photo: VNA)

Hanoi (VNA) - The daily referenceexchange rate was set at 23,122 VND per USD on August 19, up 2 VND from thelast working day of previous week (August 16).  

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,815 VND per USD and the floor rate at 22,428 VND/USD.

The opening hour rates atcommercial banks stayed stable.

At 8:15 am, Vietcombank listedthe buying rate at 23,150 VND/USD and the selling rate at 23,270 VND/USD,unchanged from August 16.

Similarly, the rates at BIDV were keptunchanged at 23,150 VND/USD (buying) and 23,270 VND/USD (selling).

Meanwhile, Techcombank added 5 VND to bothrates, listing the buying rate at 23,143 VND/USD and the selling rate at 23,283VND/USD.

The daily reference exchange rate for USD/VNDfluctuated during the week from August 12 to 16, and ended the week 20 VNDhigher than the rate on Monday.

The rates at commercial banks also ended theweek higher than on the week’s first day.-VNA
VNA
#daily reference exchange rate#USD/VND exchange rate#Vietnam's monetary policy#ceiling exchange rate#floor exchange rate#updated Vietnam news#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Central bank unveils monetary policy for second half of 2019

Central bank unveils monetary policy for second half of 2019

The State Bank of Vietnam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other policies to control inflation, sustain the macro-economy and support economic growth in the second half of this year.
Forex reserves reach highest level to date

Forex reserves reach highest level to date

The State Bank of Vietnam (SBV) obtained a large amount of foreign currencies in the first half of 2019, pushing foreign exchange reserves recorded in the period to the highest level to date.
China's prolonged falling yuan may harm Vietnam's trade

China's prolonged falling yuan may harm Vietnam's trade

China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Vietnam’s trade in the short term.

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.