Reference exchange rate down by 1 VND (Illustrative image. Source: VNA)
Hanoi (VNA) – The State Bank of Vietnam adjusted its reference VND/USD exchange rate on August 11 down by 1 VND from August 10 to 22,442 VND/USD.

With the current /- 3 percent VND/USD trading band, the ceiling exchange rate is 23,115 VND per USD and the floor rate is 21,769 VND per USD.

Major commercial banks’ opening hour rates are stable.

Vietcombank offered 22,695 VND (buying) and 22,765 VND (selling), per USD, unchanged from the opening hour of the day ago.

BIDV also set the same rates as Vietcombank’s, with 22,695 VND (buying) and 22,765 VND (selling), per USD.

Vietinbank set its buying and selling rates at 22,705 VND and 22,775 VND, per USD, up 15 VND from the day ago.-VNA