Business

Reference exchange rate continues to rise on August 20

The State Bank of Vietnam set the daily reference exchange at 25,263 VND/USD on August 20, up 8 VND from the previous day.

The State Bank of Vietnam sets the daily reference exchange at 25,263 VND/USD on August 20, up 8 VND from the previous day. (Illustrative photo: VNA)
The State Bank of Vietnam sets the daily reference exchange at 25,263 VND/USD on August 20, up 8 VND from the previous day. (Illustrative photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,263 VND/USD on August 20, up 8 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,526 VND/USD and the floor rate 24,000 VND/USD.

At 8:33 am, the opening-hour rates at major commercial banks also saw increases.

Both Vietcombank and BIDV listed the buying rate at 26,140 VND/USD and the selling rate at 26,5000 VND/USD, up 30 VND from August 19 morning session./.

VNA
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