Business

Reference exchange rate down 2 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on August 9, down 2 VND from the previous day.

The daily reference exchange rate for the US dollar is set at 24,260 VND/USD on August 9. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 24,260 VND/USD on August 9. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on August 9, down 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,473 VND/USD and the floor rate 23,047 VND/USD.

At commercial banks, the rates fell below 25,000 VND per USD.

At 8:32am, Vietcombank listed the rates at 24,970 VND/USD (buying) and 25,310 VND/USD (selling), both down 30 VND from August 8.

Meanwhile, BIDV also reduced both rates by 30 VND, listing the buying rate at 24,970 VND/USD and the selling rate at 25,310 VND/USD./.

VNA
#State Bank of Vietnam #daily reference exchange rate #trading band #commercial banks
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