Business

Reference exchange rate down 14 VND on August 25

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.
Reference exchange rate down 14 VND on August 25 ảnh 1State 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 referenceexchange rate at 23,151 VND/USD on August 25, down 14 VND from the previousday.

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

The rates saw decreases at commercial banks.

At 8:25am, Vietcombank listed the buying rate at 22,685 VND/USD and the sellingrate 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 20VND 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
#State Bank of Vietnam #daily reference exchange rate #August 25 #current trading band #ceiling rate #commercial banks #Vietnam #Vietnamplus #Vietnam News Agency
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