Wednesday , November 25 2020

Earlier in the week, the exchange rate continued to decline



On the morning of November 5, the central bank's central rate stood at 22,723 VND / USD, down 2 dongs compared with last Saturday morning (November 3). With the amplitude of +/- 3%, floor and floor rates can be applied today is 22,041 VND / USD and 23,405 VND / USD.

Reference rates at the Bank of the State of Vietnam (SBV) stood at 22,700 VND / USD for purchase (unchanged) and sale at 23,355 VND / USD (2 VND decrease).

Research in commercial banks this morning, the exchange rate listing not much fluctuations in the first few hours, but then suddenly down. Earlier, the purchase price at banks also had two consecutive sessions last week.

Vietcombank is currently priced at VND23,265-23,355 / USD, down from VND10 compared to last week. Vietinbank reduced 7 dong to 23,255-23,355 VND / USD. Meanwhile, BIDV maintained its purchase price at 23,275 VND / USD and sold at 23,365 VND / USD.

DongABank, ACB, Eximbank reduced the same 10 in buying and selling compared to last week. The rates quoted in these three banks are respectively 23,280-23,360 VND / USD, 23,270-23,350 VND / USD, 23,250-23,350 VND / USD.

In the free market, the dollar price was relatively quiet, not much modified, trading at around 23,450 VND / USD in the afternoon buying and selling at 23,460 VND / USD. The sale price is about 100 more dong than commercial banks. While black market prices are up to 190-220 dong.

Diep Tran

According to young intellectuals


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