Business

Reference exchange rate continues to rise on August 22

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,563 VND/USD and the floor rate 24,033 VND/USD.

The daily reference exchange is set at 25,298 VND/USD on August 22. (Photo: VNA)
The daily reference exchange is set at 25,298 VND/USD on August 22. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,298 VND/USD on August 22, up 25 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,563 VND/USD and the floor rate 24,033 VND/USD.

At 8:15 am, the opening-hour rates at major commercial banks also saw increases.

Both Vietcombank and BIDV listed the buying rate at 26,242 VND/USD and the selling rate at 26,562 VND/USD, up 82 VND and 42 VND, respectively, from the August 21 morning session./.

VNA
#State Bank of Vietnam #trading band #commercial banks #exchange rate
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