Bidv

For example, he added, in the last four months the Fed’s balance sheet in the United States expanded by almost $3 trillion to over $7 trillion. The expansion in this period is almost the same as that seen in the period of 2008-2014 when the economy struggled with the global recession stemming from the financial crisis. … [Read more...] about Global uncertainties pushing gold prices to record highs

The Vietnam Bank for Agriculture and Rural Development (Agribank), Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), and Military Commercial Joint Stock Bank (MB-Bank) each gave VND5 billion (US$215,627). … [Read more...] about Five banks give Da Nang US$1.07m for COVID-19 fight

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,207 VND per USD on August 3, down 6 VND from the last working day of the previous week (July 31). With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,903 VND/USD and the floor rate, 22,511 VND/USD. The opening hour rates at commercial banks saw slight fluctuations. At 8:25 am, Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, both unchanged from July 31. BIDV cut 15 VND from both rates, listing the buying rate at 23,065 VND/USD and the selling rate at 23,285 VND/USD. Techcombank kept both rates unchanged, at 23,070 VND/USD (buying) and 23,270 VND/USD (selling). During the week from July 27 to 31, the daily reference exchange rate followed a downward trend for the first two days before turning over to rise on Wednesday, then down again on the next day and up on the last day of the … [Read more...] about Reference exchange rate down 6 VND at week’s beginning

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND per USD on July 28, down 5 VND from the previous day.   With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,907 VND/USD and the floor rate, 22,514 VND/USD.   The opening hour rates at commercial banks stayed stable. At 8:25 am, Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, both unchanged from July 27. BIDV also kept both rates unchanged, listing the buying rate at 23,090 VND/USD and the selling rate at 23,270 VND/USD. Techcombank reduced both rates by 2 VND to 23,073 VND/USD (buying) and 23,273 VND/USD (selling)./. … [Read more...] about Reference exchange rate down 5 VND on July 28

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on July 29, up 5 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,912 VND/USD and the floor rate, 22,519 VND/USD. The opening hour rates at commercial banks stayed stable. At 8:25 am, Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, both unchanged from July 28. BIDV also kept both rates unchanged, listing the buying rate at 23,090 VND/USD and the selling rate at 23,270 VND/USD. Similarly, Techcombank kept both rates at the same levels as on July 28 at 23,073 VND/USD (buying) and 23,273 VND/USD (selling)./. … [Read more...] about Reference exchange rate up 5 VND on July 29