Home Finance

Reference exchange rate down on week’s beginning

Apr 16th at 14:10
16-04-2018 14:10:14+07:00

Reference exchange rate down on week’s beginning

The State Bank of Viet Nam set the daily reference exchange rate at 22,487 VND/USD on the first day of the week (April 16), down 5 VND from the last day of previous week (April 13).

 

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,165 VND/USD and the floor rate 21,721 VND/USD.

The opening hour rate at major commercial banks showed a slight drop compared to April 13.

BIDV cut 5 VND from both rates, listing the buying rate at 22,750 VND/USD and the selling rate at 22,820 VND/USD.

Vietinbank is buying the greenback at 22,746 VND/USD and selling at 22,816 VND/USD, down 6 VND.

Meanwhile, Vietcombank kept its rates unchanged from April 13, with the buying rate listed at 22,755 VND/USD and the selling rate at 22,825 VND/USD.

Last week, the reference exchange rate was on a downward trend on the first two days but then turned around to go up on Wednesday. It was kept unchanged on Thursday only to be revised up again on the last working day of the week.

bizhub

MOST READ

NEWS SAME CATEGORY

New VPBank app makes ‘Dreams’ come true
FINANCE Apr 16th at 10:14

New VPBank app makes ‘Dreams’ come true

VPBank has launched its latest app called ‘Dream,’ providing customers with advice and solutions to conveniently manage their personal finances to help them realise...

Banks cut deposit rates thanks to good liquidity
FINANCE Apr 16th at 09:26

Banks cut deposit rates thanks to good liquidity

Many banks have recently reduced deposit interest rates by 0.2-0.4 percentage points against earlier this year due to good capital mobilisation amidst the credit...

Vietnam’s finance ministry proposes tax on personal real estate, cars
FINANCE Apr 16th at 07:34

Vietnam’s finance ministry proposes tax on personal real estate, cars

Vietnam’s Ministry of Finance is mulling over a piece of draft law that would require individuals to pay tax for their personal assets including immovable property...

HCMC Tax Department to collect Uber’s debt
FINANCE Apr 14th at 13:19

HCMC Tax Department to collect Uber’s debt

The HCM City Tax Department has said it will collect VND53.3 biilion (US$2.35 million) of tax liability from Uber.

Banks hit 25-30% of profit goal
FINANCE Apr 12th at 10:24

Banks hit 25-30% of profit goal

Many banks were estimated to meet 25-30 per cent of their annual profit targets by the end of March, although the first quarter is usually the most sluggish for...

City investigates fraud case
FINANCE Apr 12th at 10:20

City investigates fraud case

HCM City authorities have urged police to investigate a cryptocurrency fraud case involving VND15 trillion (US$666 million) and affecting 32,000 people.

Prime Minister signs Directive on strengthening management of cryptocurrency
FINANCE Apr 12th at 10:18

Prime Minister signs Directive on strengthening management of cryptocurrency

 Prime Minister Nguyen Xuan Phuc has signed a directive strengthening the management of activities related to bitcoin and other virtual currencies.

$666m lost in massive cryptocurrency fraud
FINANCE Apr 11th at 15:17

$666m lost in massive cryptocurrency fraud

The State Bank of Viet Nam (SBV) was closely following an alleged cryptocurrency fraud in HCM City, to which as many as 32,000 people could have fallen victim...

HDBank allowed to expand business in 2018
FINANCE Apr 11th at 14:40

HDBank allowed to expand business in 2018

HCM City Development Commercial Joint Stock Bank or HDBank has been approved by the State Bank of Vietnam to open 45 new branches and transaction offices in 2018.

Moody’s gives positive ratings to three commercial banks
FINANCE Apr 11th at 14:38

Moody’s gives positive ratings to three commercial banks

Moody’s Investors Service has upgraded the long-term local-currency bank deposit ratings and local- and foreign-currency issuer ratings of three banks in Viet Nam...

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top