Business

Reference exchange rate down 22 VND on August 26

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,212 VND/USD on August 26, down 22 VND from the previous day.
Reference exchange rate down 22 VND on August 26 ảnh 1The daily reference exchange rate for the US dollar is set at 23,212 VND/USD on August 26. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate for the US dollar at 23,212 VND/USD on August 26,down 22 VND from the previous day.

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,908 VND/USDand the floor rate 22,515 VND/USD.

On the contrary, the opening-hour rates at manycommercial banks rose.

At 8:30 am, BIDV listed the buying rate at 23,285VND/USD and the selling rate at 23,565 VND/USD, both up 5 VND from the end ofAugust 25.

Vietcombank raised both rates by 10 VND to 23,260VND/USD (buying) and 23,570 VND/USD (selling).

During the week from August 22-26, the dailyreference exchange rate for the US dollar generally followed an upward trendexcept for August 24 and 26. It ended the week down 10 VND./.
VNA
#daily reference exchange rate #State Bank of Vietnam #commercial banks #USD/VND exchange rate #Vietnam's monetary policy #BIDV #Vietcombank #updated Vietnam news #Vietnamplus #Vietnam News Agency
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