Business

Reference exchange rate down 10 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,815 VND/USD on August 7, down 10 VND from the last working day of previous week (August 4).
Reference exchange rate down 10 VND at week’s beginning ảnh 1State Bank of Vietnam sets daily reference exchange rate at 23,815 VND/USD on August 7 (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate at 23,815 VND/USD on August 7, down 10 VND fromthe last working day of previous week (August 4).

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 25,005 VND/USDand the floor rate 22,624 VND/USD.

At commercial banks, the opening-hour rates decreased.

At 8:30 am, Vietcombank listed the rates at 23,525VND/USD (buying) and 23,895 VND/USD (selling), both down 35 VND from the end ofAugust 4.

Meanwhile, BIDV cut 25 VND from both rates,listing the buying rate at 23,580 VND/USD and the selling rate at 23,880VND/USD.

During the week from July 31 to August 4, the daily reference exchange rate wasadjusted up on most days except for Tuesday. It ended the week up 67 VND./.
VNA
#State Bank of Vietnam #reference exchange rate #commercial banks #Vietnam #Vietnamplus #Vietnam News Agency
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