Business

Reference exchange rate down 15 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,062 VND/USD on January 24, down 15 VND from the last working day of previous week (January 21).
Reference exchange rate down 15 VND at week’s beginning ảnh 1State Bank of Vietnam setz the daily reference exchange rate for the US dollar at 23,062 VND/USD on January 24 (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate for the US dollar at 23,062 VND/USD on January 24, down 15 VNDfrom the last working day of previous week (January 21).

With the current trading band of +/-3 percent, the ceiling rate applicable tocommercial banks during the day is 23,754 VND/USD and the floor rate 22,370VND/USD.

The opening-hour rates at commercial banks dropped.

At8:30 am, Vietcombank listed the buying rate at 22,450 VND/USD and the sellingrate at 22,760 VND/USD, both down 20 VND from January 21.

BIDV also reduced both rates by 20 VND, listing the buying rate at 22,480 VND/USDand the selling rate at 22,760 VND/USD.

During the week from January 17-21, the dailyreference exchange rate followed an upward trend on the first three days thenturned around to drop on the last two days. It ended the week 8 VND lower thanthe rate on Monday./.
VNA
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