Reference exchange rate continues downward trend hinh anh 1Illustrative 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