Reference exchange down 11 VND after New Year holiday
The State Bank of Vietnam set the daily reference exchange rate at 23,134 VND/USD on January 4, down 11 VND from the rate on the last day before the New Year holiday (December 31).
The State Bank of Vietnam sets the daily reference exchange rate at 23,134 VND/USD on January 4, down 11 VND from the rate on the last day before the New Year holiday. (December 31). (Photo: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,828 VND/USD and the floor rate 22,439 VND/USD.
The opening-hour rates at commercial banks saw decreases.
At 8:20 am, BIDV listed the buying rate at 22,665 VND/USD and the selling rate at 22,945VND/USD, both down 15 VND from December 31.
Vietcombank kept both rates unchanged, listing the buying rate at 22,610 VND/USD and the selling rate at 22,920 VND/USD./.
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