Business

Reference exchange rate continues downward trend on January 29

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,337 VND/USD, and the floor rate 23,828 VND/USD.

The daily reference exchange rate is at 25,083 VND/USD on January 29. (Illustrative photo: VNA)
The daily reference exchange rate is at 25,083 VND/USD on January 29. (Illustrative photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,083 VND/USD on January 29, down 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,337 VND/USD, and the floor rate 23,828 VND/USD.

At 8:23am, the buying and selling rates at major commercial banks also fell sharply.

Vietcombank listed the buying rate at 25,880 VND/USD and the selling rate at 26,240 VND/USD, both down 60 VND from the January 28 morning session.

The respective rates at BIDV stood at 25,910 VND/USD and 26,210 VND/USD, declining 30 VND and 90 VND./.

VNA
#reference exchange rate #VND/USD exchange rate #State Bank of Vietnam #commercial banks
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