Reference exchange rate continues going down on October 22

Oct 22nd at 14:44
22-10-2019 14:44:56+07:00

Reference exchange rate continues going down on October 22

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,148 VND per USD on October 22, down 5 VND from the previous day (October 21).

 

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,842 VND per USD and the floor rate at 22,453 VND/USD.

The opening hour rates at some commercial banks stayed stable.

At 8:15 am, Vietcombank listed the buying rate at 23,120 VND/USD, and the selling rate at 23,270 VND/USD, unchanged from the same time on October 21.

BIDV also kept both rates unchanged, with the buying rate listed at 23,145 VND/USD and the selling rate at 23,265 VND/USD.

Meanwhile, Techcombank added 1 VND to both rates, listing the buying rate at 23,134 VND/USD and the selling rate at 23,274 VND/USD.

vir



RELATED STOCK CODE (3)

NEWS SAME CATEGORY

VPBank on stable development track

Privately-held VPBank, one of the top performers in the local banking industry, continues to report rosy business performance in the third quarter of this year...

Postive changes made to resolve bad debt

The banking sector had made considerable headway into settling bad debt, restructuring credit institutions and developing the banking system two years since the...

Credit Growth Implication

In the first nine months of 2019, credit growth rose at a pace much lower than it was the same period of previous years, even lower than the growth rate of deposits...

Building Ho Chi Minh City into a global financial centre

The Ho Chi Minh City Economic Forum was opened today (October 18) with the theme: “Developing Ho Chi Minh City into a global financial centre”, drawing the...

Banks report higher profit

Banks are reporting better profit for the third quarter this year, with Vietcombank leading the way despite the predicted slowdown in credit growth.

City to improve legal framework as it aims to become international financial centre

A “sound economic and legal environment” that supports an open and efficient market is needed to turn HCM City into an international financial centre, experts said...

Moody's assigns B1 rating to SeABank

Moody's has given SeABank a B1 long-term rating for the first time, reflecting the lender’s good financial capacity and development potential.

Building a digital ecosystem for non-cash payment

Non-cash payment has been developing sharply in Vietnam recently, and building a digital payment ecosystem is becoming essential to accommodate further growth.

VIB earns $252 million in nine-month revenue

Vietnam International Bank (VIB) posted a revenue of more than VND5.87 trillion (US$252 million) and a pre-tax profit of VND2.33 trillion ($100 million) in the...

Non-banking financial sector to pay highest bonuses in 2019: survey

Non-banking financial companies are expected to pay the highest bonuses this year, an average of 30.4 percent of base salary.

Bank stocks

Insurance stocks


MOST READ


Back To Top