Business

Reference exchange rate up 2 VND on October 31

The State Bank of Vietnam continued to adjust the daily reference exchange rate up on October 31, setting the rate at 22,726 VND per USD, an increase of 2 VND from the previous day.
Reference exchange rate up 2 VND on October 31 ảnh 1The State Bank of Vietnam continued to adjust the daily reference exchange rate up on October 31, setting the rate at 22,726 VND per USD. (Photo: Vietcombank)

Hanoi (VNA) - TheState Bank of Vietnam continued to adjust the daily reference exchange rate upon October 31, setting the rate at 22,726 VND per USD, an increase of 2 VNDfrom the previous day.

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,407 VND/USD and the floor rate 22,045 VND/USD.

The opening hour rates atcommercial banks remained stable.

Both Vietcombank and BIDVcontinued to keep their rates unchanged at 23,300 VND/USD (buying), and 23,390VND/USD (selling).

Techcombank also maintained thesame rates as on October 26 at 23,280 VND/USD (buying) and 23,390 VND/USD(selling).

This week (October 29 to November2), the reference exchange rate opened the week down to 22,722 VND per USD, butup on the next two days.

 The rates at commercial banks have stayedstable since last week. -VNA
VNA
#State Bank of Vietnam#daily reference exchange rate#22#726 VND per USD#trading band of +/- 3 percent#commercial banks#Vietnam News Agency#Vietnamplus
Follow VietnamPlus

Related News

Reference exchange rate stays flat

Reference exchange rate stays flat

The State Bank of Vietnam kept the daily reference exchange rate on October 25 unchanged from the previous day at 22,721 VND per USD.
Reference exchange rate down 1 VND on October 29

Reference exchange rate down 1 VND on October 29

The State Bank of Vietnam adjusted the daily reference exchange rate on October 29 down 1 VND from the last day of previous week (October 26), setting the rate at 22,722 VND per USD.
Most goods categories witness price hikes in October

Most goods categories witness price hikes in October

Ten of the 11 goods categories have seen price increases in October, raising the consumer price index (CPI) by 0.33 percent from the previous month, according to the General Statistics Office (GSO).

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.