Business

Reference exchange rate down 12 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,167 VND per USD on April 26, down 12 VND from the last working day of previous week (April 23).
Reference exchange rate down 12 VND at week’s beginning ảnh 1Transactions at HDBank (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the dailyreference exchange rate at 23,167 VND per USD on April 26, down 12 VND from thelast working day of previous week (April 23).

With the current trading band of  +/-3 percent, the ceiling rate applied tocommercial banks during the day is 23,862 VND/USD and the floor rate 22,471VND/USD.

The rates listed at major commercial banks saw remarkable fluctuations.

At 8:25 am, Vietcombank listed the buying rate at 22,950 VND/USD and theselling rate 23,160 VND/USD, both up 5 VND from April 23.

BIDV cut 30 VND from both rates, listing the buying rate at 22,945 VND/USD andthe selling rate at 23,145 VND/USD.

Vietinbank reduced both rates by 20 VND to 22,935 VND/USD (buying) and 23,145VND/USD (selling).

Duringthe week from April 19 to 23, the daily reference exchange rate fluctuatedslightly but ended the week down from the beginning of the week./.

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