The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,133 VND per USD on November 8, down 1 VND from the previous day (November 7).
The daily reference exchange rate was set at 23,133 VND per USD on November 8 (Photo: VNA)
Hanoi (VNA) - The StateBank of Vietnam (SBV) set the daily reference exchange rate at 23,133 VND perUSD on November 8, down 1 VND from the previous day (November 7).
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,826VND per USD and the floor rate at 22,439 VND/USD.
The opening hour rates at somecommercial banks remained stable.
At 8:15 am, Vietcombank kept bothrates unchanged from the same time on November 7, listing the buying rate at23,110 VND/USD and the selling rate at 23,260 VND/USD.
BIDV also kept both rates unchanged,with the buying rate listed at 23,140 VND/USD and the selling rate at 23,260VND/USD.
Meanwhile, Techcombank listed thebuying rate at 23,129 VND/USD and the selling rate at 23,269 VND/USD, down 1VND from the same time of the previous day./.
The Vietnamese dong was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust foreign direct investment (FDI) inflows, dollar purchases by businesses, and a healthy foreign reserve position, experts forecast.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,135 VND per USD on November 4, down 3 VND from the last working day of previous week (November 1).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,129 VND per USD on November 6, down 6 VND from the previous day (November 5).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,134 VND per USD on November 7, up 5 VND from the previous day (November 6).
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The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
The daily reference exchange rate was set at 23,133 VND per USD on November 8 (Photo: VNA) 
