Reference exchange rate down 14 VND on August 25

State Bank of Vietnam sets the daily reference exchange rate at 23,151 VND/USD on August 25 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,151 VND/USD on August 25, down 14 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,845 VND/USD and the floor rate 22,456 VND/USD.

The rates saw decreases at commercial banks.

At 8:25am, Vietcombank listed the buying rate at 22,685 VND/USD and the selling rate at 22,915 VND/USD, down 10 VND from August 24.

BIDV cut the buying rate by 30 VND to 22,695 VND/USD and the selling rate by 20 VND to 22,915 VND/USD.

Vietinbank also reduced both rates by 10 VND, listing at 22,715 VND/USD (buying) and 22,915 VND/USD (selling)./.

VNA