The daily reference exchange rate was set at 23,135 VND per USD on November 5 (Photo: VNA)
Hanoi (VNA) - The StateBank of Vietnam (SBV) set the daily reference exchange rate at 23,135 VND perUSD on November 5, unchanged from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is23,829 VND per USD and the floor rate at 22,440 VND/USD.
The opening hour rates at somecommercial banks slightly decreased.
At 8:15 am, Vietcombank listed thebuying rate at 23,110 VND/USD, and the selling rate at 23,260 VND/USD, bothdown 5 VND from the same time on November 4.
Meanwhile, BIDV kept both ratesunchanged, with the buying rate listed at 23,140 VND/USD and the selling rateat 23,260 VND/USD.
Techcombank pushed both rates down 1VND to 23,130 VND/USD (buying) and the selling rate at 23,270 VND/USD(selling)./.
Credit has been provided for production and business activities and the priority fields while loans for high-risk areas have been further tightened so far this year, the State Bank of Vietnam (SBV) reported.
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 Treasury has mobilised nearly 174.2 trillion VND (around 7.5 billion USD at current exchange rate) through Government bond auctions on the Hanoi Stock Exchange (HNX), fulfilling 70 percent of the yearly plan.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,138 VND per USD on November 1, down 7 VND from the previous day (October 31).
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).
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
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