Macro Economy news
Dollar reaches new record against Dong
On April 17th, the State Bank announced the central exchange rate at VND24,231, an increase of VND90 compared to yesterday. With a margin of 5% compared to the central exchange rate, commercial banks are allowed to buy and sell USD in the range of VND23,019 - 25,442.
Specifically, Vietcombank is increased their trading price to VND25,070 - 25,440 per each USD, an increase of 92 VND compared to yesterday. Eximbank also adjusted the USD price to VND 25,040 - 25,440. BIDV raised the exchange rate to near the ceiling, buying and selling at VND25,130 - 25,440.
Thus, since the beginning of the year, each dollar in the bank increased by more than VND1,000, equivalent to nearly 4.2%. On the black market, the trading price for greenback is around the range of VND25,500 - 25,650.
(Source: VNexpress)
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