Business

Reference exchange rate down 26 VND on August 12

The State Bank of Vietnam set the daily reference exchange rate at 23,152 VND/USD on August 12, down 26 VND from the previous day.
Reference exchange rate down 26 VND on August 12 ảnh 1The State Bank of Vietnam sets the daily reference exchange rate at 23,152 VND/USD on August 12, down 26 VND from the previous day. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate at 23,152 VND/USD on August 12, down 26 VND from the previousday.

With the trading band of +/- 3 percent, the ceiling rate applicable for commercialbanks during the day is 23,846 VND/USD and the floor rate 22,980 VND/USD.

The rates listed at commercial banks this morning all dropped strongly.

At 8:25 am, Vietcombank listed the buying rate at 22,670 VND/USD and theselling rate at 22,900 VND/USD, both down 80 VND from the rates at the samehour on August 11.

BIDV cut 70 VND from both rates, listing the buying rate at 22,710 VND/USD andthe selling rate at 22,910 VND/USD.

Meanwhile, Vietinbank reduced the buying rate by 85 VND to 22,695 VND/USD andthe selling rate by 65 VND to 22,915 VND/USD./.
VNA
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