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Reference exchange rate continues downward trend

The State Bank of Vietnam set the daily reference exchange rate at 23,164 VND per USD on August 5, down 2 VND from the previous day.
Reference exchange rate continues downward trend ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,164 VND per USD on August 5, down 2 VND from the previousday.

With the current trading band of /- 3 percent, the ceiling rate applied tocommercial banks during the day is 23,860 VND/USD and the floor rate is 22,468VND/USD.

The rates listed at major commercial banks saw an upward trend.

At 8:30 am, BIDV added 30 VND to the selling rate, listing at 23,040 VND/USD, andkept the buying rate unchanged from August 4, listing at 22,810 VND/USD.

Meanwhile, Vietcombank listed the buying rate at 22,810 VND/USD and the sellingrate at 23,040 VND/USD, unchanged from August 4./.
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