Central rate decreases slightly

Illustration photo. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam (SBV) on February 22 announced the central rate for the Vietnam dong against the US dollar at 21,894 VND per USD, a decrease of 6 VND compared to the late last week.

With the current +/- 3 percent VND/USD trading band, the ceiling exchange rate is 22,551 VND per USD and the floor rate is 21,237 VND per USD.

Meanwhile, the listing rate at commercial banks showed little change.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Bank for Investment and Development of Vietnam (BIDV) posted the buying and selling rates at 22,330- 22,400 VND per US dollar, the same as the last working day of last week.

The Vietnam Technological and Commercial Joint- stock Bank (Techcombank) posted the buying and selling rates at 22,298/22,410 VND per USD, up only 2 VND in the selling rate.

The rates applied by the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) were up by 5 VND, at 22,325 and VND-22,405 VND per USD (buying-selling).

Meanwhile, the Vietnam Import-Export Commercial Joint Stock Bank (Eximbank) raised the buying rate by 10 VND and the selling rate by 20 VND, posting the exchange rate at 22,320 VND/22,410 VND (buying/selling) per USD.-VNA