Business

Reference exchange rate continues to rise at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 25,491 VND/USD on August 10, up 28 VND from the last working day of the previous week.

The daily reference exchange rate is set at 25,491 VND/USD on August 10. (Photo: VNA)
The daily reference exchange rate is set at 25,491 VND/USD on August 10. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,491 VND/USD on August 10, up 28 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,766 VND/USD, and the floor rate 24,216 VND/USD.

In contrast, the opening-hour buying and selling rates at major commercial banks saw a decrease from the August 7 morning trading session.

At 8:30, both Vietcombank and BIDV listed the buying rate at 26,020 VND/USD and the selling rate at 26,400 VND/USD, both down 30 VND from the previous session./.

VNA
#State Bank of Vietnam #daily reference exchange rate #commercial banks #USD/VND exchange rate
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