Reference exchange rate up 4 VND
Illustrative image (Photo: VNA)
The State Bank of Vietnam set the daily reference exchange rate at 23,148 VND per USD on December 16, up 4 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,842 VND/USD and the floor rate, 22,454 VND/USD.
The opening hour rates at most commercial banks remained stable.
At 8:30 am, Vietcombank listed the buying rate at 23,010 VND/USD and the selling rate at 23,220 VND/USD, unchanged from December 15.
BIDV also kept both rates unchanged at 23,040 VND/USD (buying) and 23,220 VND/USD (selling)./.
Related News

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Flexible and proactive when exchange rates still fluctuate in 2025
11:03 | 30/12/2024 Finance

Banks still "struggling" to find tools for handling bad debt
13:47 | 28/12/2024 Finance

Continue to handle cross-ownership in banks
10:35 | 02/11/2024 Finance
Latest News

Personal income tax proposed for interest on some bank savings accounts
10:31 | 20/02/2025 Finance

Banks set for aggressive bond issuance in 2025 to fuel growth
16:20 | 19/02/2025 Finance

Central bank cuts interest rate on bills for first time in 2025
15:30 | 18/02/2025 Finance

Focusing on inspecting inventory of public assets at units with large and complex assets
16:31 | 15/02/2025 Finance
More News

The government seeks approval for revised GDP, CPI targets
16:28 | 15/02/2025 Finance

Fiscal, monetary policies support demand stimulation, price stabilisation
14:49 | 14/02/2025 Finance

Vietnam secures VND 157 billion from state enterprise divestment in 2024
09:16 | 14/02/2025 Finance

Vietnam gears up for potential inflation impact in 2025
14:26 | 11/02/2025 Finance

VN’s credit conditions in 2025 expected to be stable
14:24 | 11/02/2025 Finance

State revenue in first month of the year equal to 14% of the estimate
10:12 | 11/02/2025 Finance

Securities 2025 expects a breakthrough in scale and quality
14:37 | 10/02/2025 Finance

Cash reserves in stock accounts at six-quarter low amid margin rise
08:23 | 10/02/2025 Finance

Five solutions for developing stock market in 2025
10:01 | 07/02/2025 Finance
Your care

Personal income tax proposed for interest on some bank savings accounts
10:31 | 20/02/2025 Finance

Banks set for aggressive bond issuance in 2025 to fuel growth
16:20 | 19/02/2025 Finance

Central bank cuts interest rate on bills for first time in 2025
15:30 | 18/02/2025 Finance

Focusing on inspecting inventory of public assets at units with large and complex assets
16:31 | 15/02/2025 Finance

The government seeks approval for revised GDP, CPI targets
16:28 | 15/02/2025 Finance