Reference exchange rate continues downward trend
The State Bank of Vietnam continued to adjust the daily reference exchange rate down for the third straight day, setting the rate at 22,674 VND/USD on August 22, 5 VND lower than the rate on the previous day.
Illustrative image (Source: LienVietPostBank)Hanoi (VNA) – The State Bank of Vietnam continued to adjust the daily reference exchange rate down for the third straight day, setting the rate at 22,674 VND/USD on August 22, 5 VND lower than the rate on the previous day.
With the current trading band of + /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,354 VND/USD and the floor rate 21,994 VND/USD.
The opening hour rates at commercial banks went down slightly compared to August 21.
Vietcombank cut both rates by 10 VND, listing the buying rate at 23,220 VND/US and the selling rate at 23,300 VND/USD.
The rates at BIDV were kept unchanged at 23,230 VND/USD (buying) and 23,310 VND/USD (selling).
Vietinbank also maintained the buying rate at 23,232 VND/USD and the selling rate at 23,312 VND/USD, the same as on August 21.-VNA
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