US dollar exchange rate increases, stocks retreat

The US dollar exchange rate at commercial banks unexpectedly rose by VND15-20 per dollar on September 14.

Particularly, Vietcombank and Vietinbank raised their US dollar exchange rate by VND15 per dollar to VND22,445 for buying and VND22,505 for selling.
BIDV bought dollars at VND22,456 per dollar, up VND20 per dollar, and sold at VND22,520 per dollar, up VND15 per dollar.
Eximbank purchased dollars at VND22,470 per dollar and sold at VD22,530 per dollar, up VND20 per dollar in both buying and selling prices.
The Vietnam’s stock market opened week in red in the trading session on September 14 due to selling pressure.
The Vietnam’s benchmark VN-Index slid 4.57 points, or 0.81 percent, to close at 562.17 points with 64 winners, 158 losers and 88 stocks remained unmoved. Trading volume nearly hit 85 million shares worth more than VND1.4 trillion.
The VN30-Index sank 7.27 points, or 1.25 percent, to 576 points. Trading volume reached 29 million shares worth VND647 billion.
The HNX-Index went down 0.73 points, or 0.94 percent, to 76.8 points. Of the index members, there were 65 stocks increasing, 115 decreasing, and 188 treading water. Trading volume was at 30 million shares worth VND323 billion.
The HNX30-Index declined 1.77 points, or 1.23 percent, to 141.77 points. Trading volume was nearly at 10 million shares worth VND115 billion.

By Nhung Nguyen – Translated by Thuy Doan

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