Illustration photo. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam (SBV) on January 7 announced the central rate for the Vietnam dong and the US dollar at 21,919 VND per USD, an increase of 12 VND compared to January 6.

The central rate has increased a total of 29 VND since its first application on January 4.

With the current +/- 3 percent VND/USD trading band, the ceiling exchange rate is 22,576 VND per USD and the floor rate is 21,261 VND per USD. In commercial banks, the rate increased by 10-20 VND.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted the buying and selling rates at 22,450- 22,520 VND per USD, up 10 VND against the previous day.

The Import Commercial Joint Stock Bank (Eximbank) raised the buying rate by 10 VND and the selling rate by 20 VND, posting the exchange rate at 22,430 VND-22,520 VND per USD.

Meanwhile, the rates applied by the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) were unchanged, at 22,430 VND-22,545 VND per USD.

As usual on Thursday, the SBV also announced the foreign exchange rates between the Vietnam dong and other foreign currencies for export-import tax calculation. This announcement will take effect from January 7 to January 13.-VNA