CNY prices at banks increased slightly

Yuan exchange rate today

Yuan (CNY) exchange rate today March 29, 3, Vietnam Joint Stock Commercial Bank for Foreign Trade (VCB) compared with CNY exchange rate at the same time yesterday morning, Yuan exchange rate at the bank This increases the price of both transactions. The buying price of VCB's Yuan is 2024 VND/CNY and the selling price is 2 VND/CNY.

The State Bank announced that the cross exchange rate between Vietnam Dong and Chinese Yuan used to calculate export tax and import tax effective from March 28, 3 to April 2024, 3 is 4. CNY= 2024 VND.

This morning, March 29, 3, the CNY exchange rate compared to yesterday (March 2024) at the Bank for Investment and Development of Vietnam (BIDV) had the highest CNY transfer purchase price at 28 VND /CNY.

Yuan exchange rate today March 29, 3 at some banks, Screenshot 2024:9 am

Compare Chinese Yuan (CNY) exchange rates between the 7 largest banks in Vietnam. Today, March 29, 3, the CNY exchange rate in the buying direction has 2024 banks increasing the buying price, 2 banks reducing the buying price and 0 banks keeping the buying price unchanged compared to yesterday.

Meanwhile, on the selling afternoon, 4 banks increased the selling price, 1 banks decreased the selling price and 2 banks kept the selling price unchanged compared to yesterday.

The Foreign Trade Bank bought Yuan (CNY) at the highest price of 3.359,93 VND/CNY. Selling Chinese Yuan (CNY) the lowest is Techcombank with selling price of 3.489,00 VND/CNY.

Today, Military Commercial Joint Stock Bank (MB) adjusted the price of Yuan to reduce the purchase price of Yuan transfer compared to yesterday, specifically the price is 3.389,88 VND/CNY.

Of the 20 foreign currencies being traded at Vietcombank, only 12 currencies are bought and sold by Vietcombank in cash or transfer: US dollars (USD), euros (EUR), yuan (CNY). , Australian dollar (AUD), British pound (GBP), Canadian dollar (CAD), Swiss franc (CHF), Singapore dollar (SGD), Korean won (KRW), Japanese yen (JPY), dollar Hong Kong (HKD), Thai bath (THB).

With the remaining 8 foreign currencies, customers can transact by transfer: Danish Krone (DKK), Indian rupee (INR), Kuwaiti Dinar (KWD), Malaysian ringgit (MYR), Norwegian Krone (NOK ), Russian Ruble (RUB), Saudi Arabian Riyal (SAR) and Swedish Krona (SEK).

Renminbi exchange rate at the price market

Today, March 29, 3, the CNY price at the market market has a price change; Buying is 2024 VND/CNY and selling is 3.473,00 VND/CNY, the price decreased slightly in both buying and selling directions compared to yesterday at the time of recording in the morning.

Foreign currency price list at the price market at 9 o'clock today, March 29, 3

In Hanoi, Ha Trung Street (Hoan Kiem District) is the largest foreign exchange place that can help you exchange many popular foreign currencies on the market today, such as USD (US dollar), Euro, Yen. (Japanese Yen), Won (Korean Won)… and many other currencies. However, exchanging money at these foreign currency streets must comply with the provisions of Vietnamese law.

Copper forecast Yuan

China currently has more than 220 million individual investors, meaning that market moves by this group can have a big impact on general sentiment. This group was once famous for investing like "gamblers". But after the market plunged over the years, they started withdrawing their money and switching to safer assets like money market funds.

Besides stocks, the real estate market erodes the confidence of the middle class even more strongly. The Chinese government's efforts to curb heavy debt in the real estate sector about three years ago pushed the entire industry into crisis, leaving many companies on the brink of collapse.

In February, available home prices in China's most developed cities fell 2% year-on-year. This is the largest decrease ever recorded.

The shift towards investing less and saving more creates a vicious cycle in which economic slowdown reduces confidence, and conversely, weak confidence exacerbates the decline. growth rate - according to analysis by Mr. Yasheng Huang, professor of economics and management at the Sloan School of Management at the Massachusetts Institute of Technology.

Information about money Yuan

The Yuan (symbol: ¥, code: CNY) is the official currency of the People's Republic of China, issued in 1948 and has undergone five series of replacement issuances. The renminbi has an abbreviation according to international convention as RMB. In Vietnam, the renminbi is often simply called currency.

Chinese currency circulating on the market includes two types of paper money and coins. The denominations of Chinese currency are respectively 2 yuan, 100 yuan, 50 yuan, 20 yuan, 10 yuan, 5 yuan, 2 yuan (banknotes), 1 dime, 1 dimes, 2 dimes (coins). The counting units of Yuan are Yuan, Jiao, Fen corresponding to yuan, dime, and cent with conversion: 5 yuan = 1 dimes, 10 dime = 1 cents.

Yuan currency only circulates in mainland China, not officially used in Hong Kong and Macau.

* Information for reference only!