The U.S. dollar weakens against the Vietnamese dong at both banks and unofficial exchange points Friday.
Vietcombank and TPBank sold the greenback at VND24,852, down 0.008% from Thursday. Techcombank let the dollar slide 0.008% to VND24,850.
The State Bank of Vietnam (SBV) set its exchange rate at VND23,669, also down 0.008%.
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U.S. dollar banknotes are seen in this illustration taken July 17, 2022. |
The dollar was sold VND24,920 at unofficial exchange points, down 0.08% from Thursday.
Globally, the U.S. dollar stood close to a three-month low and was headed for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary policy tightening as soon as December preoccupied investors and kept the mood buoyant, according to Reuters.
The Fed's aggressive rate increases and market expectations of how high the central bank could take them has been a huge driver of the dollar's 10% surge this year.
Against a basket of currencies, the U.S. dollar index stood at 105.83, testing its three-month trough of 105.30 hit last week. It is down more than 1% for the week.
Bac Giang holds dialogues with businesses to improve DDCI(BGO) - The improvement of the District and Department Competitiveness Index
(DDCI) is an important solution to create an open investment and business
environment, contributing to improving the Provincial Competitiveness Index.
Being well aware of that, departments, agencies and localities in Bac Giang
province have actively implemented solutions to improve this index, with
priority given to holding direct dialogues with businesses to solve their
difficulties, thus winning their satisfaction.
Bac Giang becomes destination for top leading businesses worldwide(BGO) – With proper policy and drastic action, Bac Giang has
achieved a lot of results in socio-economic development. From a bottom rank
locality, now the province enters the top leading provinces and cities in
economic growth rate and industrial development with proud and prominent
targets.
1,279 new businesses established in Bac Giang(BGO) – Since early this year, 1,279 new businesses have
been established in Bac Giang province, up 25 percent year on year, reported
the provincial Department of Planning and Investment.
Businesses take effort to overcome and affirm trademark(BGO) – In spite of encountering many difficulties in production
and business, the enterprises have exerted every effort to overcome and affirm
the trademark. Recently, many have been honored as “Outstanding enterprises” in
Bac Giang province at the six event of its kind in 2019 – 2022 period.
Source: VnExpress
