Wednesday , May 31 2023

At the beginning of 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 dong from the previous Saturday morning (November 3rd). With a width of +/- 3%, the floor and floor rates currently allowed today are 22.041 VND / USD and 23.405 VND / USD.

The reported prices at the State Bank of Vietnam (SBV) were 22,700 VND / USD for purchase (unchanged) and sale at 23,355 VND / USD (down 2 VND).

Research in commercial banks this morning, the exchange rate does not show many fluctuations in the early morning hours, but then suddenly down. Previously, the purchase price in banks also had two consecutive sessions last week.

Vietcombank now belongs to VND23,265-23,355 / USD, below VND10 compared to last week. Vietinbank lowered 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 decreased the same 10 both on the market and on sale compared to last week. The prices in these three banks amounted to 23,280-23,360 VND / USD, 23,270-23,350 VND / USD, 23,250-23,350 VND / USD respectively.

In the free market, the dollar was relatively quiet, it did not change much, it traded around 23,450 VND / USD afternoon purchases and sales of 23,460 VND / USD. The selling price is about $ 100 more than commercial banks. While black market prices are up to 190-220 dong.

Diep Tran

According to new intellectuals

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