Home Finance

Reference exchange rate up 4 VND on July 13

Jul 13th at 10:18
13-07-2020 10:18:09+07:00

Reference exchange rate up 4 VND on July 13

The State Bank of Vietnam set the daily reference exchange rate at 23,220 VND per USD on July 13, up 4 VND from the last working day of the previous week (July 10).

Reference exchange rate up 4 VND on July 13
The daily reference exchange rate was set at 23,220 VND per USD on July 13 (Photo: VNA)

Hanoi – The State Bank of Vietnam set the daily reference exchange rate at 23,220 VND per USD on July 13, up 4 VND from the last working day of the previous week (July 10).

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,916 VND/USD and the floor rate, 22,526 VND/USD.

The opening hour rates at commercial banks remained stable.

At 8:25 am, Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, both unchanged from July 10.

BIDV also kept both rates unchanged at 23,090 VND/USD and 23,270 VND/USD.

Similarly, Techcombank maintained the buying rate at 23,075 VND/USD and the selling rate at 23,275 VND/USD, the same as on July 10.

During the week from July 6 to 10, the daily reference exchange rate was adjusted down for the first three and last days and up on Thursday. It ended the week 11 VND lower than on Monday.

The rates listed at commercial banks fluctuated but also ended the week lower than on Monday.

VIR

RELATED STOCK CODE (3)

NEWS SAME CATEGORY

All change at the top as insurers look to the future
FINANCE Jul 11th at 15:10

All change at the top as insurers look to the future

Local and foreign insurers are expanding their foothold in the lucrative insurance market and bringing about a range of changes, from new high-profile names joining...

Fiscal, monetary policies to be more proactive, flexible
FINANCE Jul 10th at 08:27

Fiscal, monetary policies to be more proactive, flexible

Fiscal and monetary tools and policies will be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability...

Tax policies must support firms to boost revenue: official
FINANCE Jul 10th at 08:19

Tax policies must support firms to boost revenue: official

The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19...

Ministry warns about online lending apps
FINANCE Jul 10th at 08:17

Ministry warns about online lending apps

The Ministry of Public Security has warned about the risk of black credit provided by online lending applications which could threaten social security.

SME credit makes up 26 per cent of VietinBank’s credit balance
FINANCE Jul 9th at 08:15

SME credit makes up 26 per cent of VietinBank’s credit balance

VietinBank is ramping up efforts to support small- and medium-sized enterprises by increasing growing credit available for them.

HSBC Vietnam rolls out first green financing package for Duy Tan Plastics Recycling
FINANCE Jul 9th at 08:15

HSBC Vietnam rolls out first green financing package for Duy Tan Plastics Recycling

The factory, with the planned capacity of up to 100,000 tonnes per year, is the first in Vietnam to apply the Bottles to Bottles process, which is to recycle used...

Banks prepare to cushion slight rise in NPLs
FINANCE Jul 9th at 08:14

Banks prepare to cushion slight rise in NPLs

Concerns are mounting about the resilience of the Vietnamese banking system amidst the COVID-19 outbreak as escalating soured debt and lower after-tax profits have...

VBSP registers upbeat first-half performance
FINANCE Jul 8th at 13:48

VBSP registers upbeat first-half performance

In the face of long-lasting drought, saline intrusion, and prolonged COVID-19 implications, the Vietnam Bank for Social Policies (VBSP) has been closely following...

Bank accounts of local advertisers to be drained for Facebook and Google tax arrears
FINANCE Jul 8th at 08:25

Bank accounts of local advertisers to be drained for Facebook and Google tax arrears

Dozens of thousands of local advertisers of Facebook and Google are on edge since the Law on Tax Administration has come into force on July 1.

High-end lending in higher demand
FINANCE Jul 8th at 08:24

High-end lending in higher demand

The young and increasingly affluent population of Vietnam has been spurring great demand for quality wealth advisory services and financial solutions, with a number...

Read More

Bank stocks

Insurance stocks

MOST READ

Back To Top