Reference exchange rate up 2 VND on October 8

Oct 9th at 08:30
09-10-2019 08:30:26+07:00

Reference exchange rate up 2 VND on October 8

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,157 VND per USD on October 8, up 2 VND from the previous day (October 7).

 

The daily reference exchange rate is set at 23,157 VND per USD on October 8 (Photo: VNA)

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,851 VND per USD and the floor rate at 22,462 VND/USD.

The opening hour rates at commercial banks fluctuated slightly.

At 8:25 am, Vietcombank listed the buying rate at 23,125 VND/USD, and the selling rate at 23,275 VND/USD, both up 15 VND from the same time on October 7.

Meanwhile, BIDV kept both rates unchanged, listing the buying rate at 23,140 VND/USD and the selling rate at 23,260 VND/USD.

Techcombank posted the buying rate at 23,132 VND/USD and the selling rate at 23,272 VND/USD, both down 1 VND from the previous day.

vir



RELATED STOCK CODE (4)

NEWS SAME CATEGORY

ME Corp licensed to provide payment intermediary services

The State Bank of Viet Nam (SBV) has licensed the Mobile Entertainment Corporation (ME Corp) to provide payment intermediary services.

Banks forecast strong performance despite credit slowdown

Most domestic credit institutions and foreign banks’ branches in Viet Nam expect their business performance in 2019 to be better than last year despite the...

Techcombank makes in top 3 most profitable private enterprises 2019

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is one of the most profitable private companies in the whole country.

Card payments in Vietnam to reach 522.5 million in 2023: GlobalData

Not carrying cash is not a problem in Viet Nam these days as more and more people are flashing the plastic.

Credit growth expected to reach 13.61% in 2019

Outstanding loans are expected to edge up by 4.85% in the fourth quarter and expand by 13.61% this year, according to a survey on business trends among credit...

Remittances to HCMC surge in Jan-Sep

Remittances to HCMC in January-September grew 7% year-on-year to reach some US$3.8 billion, said Nguyen Hoang Minh, deputy director of the State Bank of Vietnam’s...

Citi celebrates 25th anniversary in Vietnam

Citi has organised two special client events on October 2 and 3 in Hanoi and Ho Chi Minh City to celebrate its 25th anniversary in Vietnam.

OTC-traded bank shares too cheap for purchases

Lack of disclosed information, listing plans and risks of non-performing loans are dragging OTC-traded bank stocks down.

Banks get more support to cut interest rates

Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Viet Nam (SBV)’s agencies this...

Firms advised to use derivative instruments to minimise exchange rate risks

Experts suggested firms use more derivative instruments, such as futures and forward contracts, to minimise exchange rate risks when they can no longer borrow the...

Bank stocks

Insurance stocks


MOST READ


Back To Top