Reference exchange rate down 10 VND on August 20

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,251 VND/USD on August 20, down 10 VND from the previous session.

The daily reference exchange rate for the US dollar is set at 24,251 VND/USD on August 20. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 24,251 VND/USD on August 20. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,251 VND/USD on August 20, down 10 VND from the previous session.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,464 VND/USD and the floor rate 23,038 VND/USD.

At major commercial banks, the opening hour rates saw a sharp decline.

At 8:43 am, Vietcombank listed the rates at 24,800 VND/USD (buying) and 25,140 VND/USD (selling), both down 90 VND from the previous day.

The both rates plunged 140 VND at BIDV, standing at 24,740 and 25,080 VND/USD respectively./.

VNA

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