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Reference exchange rate continues going down on January 16

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,333 VND/USD on January 16, down 5 VND from the previous day.

The daily reference exchange rate for the US dollar is set at 24,333 VND/USD on January 16. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 24,333 VND/USD on January 16. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,333 VND/USD on January 16, 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 25,550 VND/USD and the floor rate 23,116 VND/USD.

At major commercial banks, the opening hour rates continued seeing a slight decrease.

At 8:27am, both Vietcombank and BIDV listed the buying rate at 25,189 VND/USD and the selling rate at 25,549 VND/USD, dropping 5 VND from January 14 morning./.

VNA
#State Bank of Vietnam #daily reference exchange #ceiling rate #commercial banks
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