Reference exchange rate, banks’ rate gain speed on week’s first day

Both reference exchange rate, banks’ rate gain speed on week’s first day

The State Bank of Vietnam continued to raise the daily reference exchange rate on December 17, the first day of the week, to 22,783 VND/USD, 5 VND higher than the rate on the last day of previous week (December 14).

Monday, December 17, 2018 09:12

Both reference exchange rate, banks’ rate gain speed on week’s first day ảnh 1

The daily reference exchange rate was raised to 22,783 VND/USD on December 17 (Photo: VNA)

Hanoi (VNA) – The StateBank of Vietnam continued to raise the daily reference exchange rate onDecember 17, the first day of the week, to 22,783 VND/USD, 5 VND higher thanthe rate on the last day of previous week (December 14).

With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks for the day is 23,465VND/USD and the floor rate is 22,101 VND/USD.

The transaction office of theState Bank of Vietnam kept the buying rate unchanged from December 14 at 22,700VND/USD but added 5 VND to the selling rate to 23,411 VND/USD.

The opening hour rates listed atcommercial banks went up compared to December 14.

Vietcombank increased both rates by 20 VND,listing the buying rate at 23,255 VND/USD and the selling rate at 23,345 VND.

Both rates at Techcombank went upby 15 VND to 23,235 VND/USD (buying) and 23,345 VND/USD (selling).

Meanwhile, the rates listed byBIDV stayed unchanged at 23,240 VND/USD (buying) and 23,330 VND/USD (selling).

Last week (December 10-14), thereference exchange rate followed a rising trend except for Thursday. The rategained a total 12 VND during the week.

On the contrary, the rates listed atcommercial banks have decreased throughout the week. -VNA

VNA

#State Bank of Vietnam #daily reference exchange rate #trading band of +/- 3 percent #ceiling exchange rate #floor exchange rate #Vietnam's monetary policy #updated Vietnam news #Vietnamplus #Vietnam News Agency

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