Reference exchange rate down 10 VND on August 12

Illustrative image (Source: VNA)

Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate for the US dollar at 23,153 VND/USD on August 12,down 10 VND from the previous day.

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,847 VND/USDand the floor rate 22,458 VND/USD.

The opening-hour rates at many commercial banks stayedstable.

At 8:30 am, BIDV listed the buying rate at 23,255VND/USD and the selling rate at 23,535 VND/USD, both unchanged from the end ofAugust 11.

Vietcombank also kept both rates unchanged at23,220 VND/USD (buying) and 23,530 VND/USD (selling).

During the week from August 8-12, the dailyreference exchange rate for the US dollar mostly followed a downward trend,except for Tuesday (August 9). It ended the week down 22 VND./.

VNA