Reference exchange rate continues downward trend

Illustrative image (Photo: VNA)

Hanoi (VNA) - 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.

With the current trading band of /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,860 VND/USD and the floor rate is 22,468 VND/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, and kept 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 selling rate at 23,040 VND/USD, unchanged from August 4./.

VNA