Hanoi, (VNA) – The State Bank of Vietnam set the dailyreference exchange rate for VND/USD on August 28 at 22,443 VND per USD, down 3VND from the last day of previous week (August 25).
With the current trading band of +/-3 percent, the ceiling rate appliedto commercial banks during the day is 23,116 VND and the floor rate 21,770 VNDper USD.
The opening hour rates at major commercial banks saw little changes.
At Vietcombank, the greenback is being bought at 22,695 VND and sold at22,765 VND, unchanged from August 25.
The listed rates at BIDV both went down 5 VND, to 22,695 VND (buying)and 22,765 VND (selling).
Techcombank kept both rates unchanged at 22,680 VND (buying) and 22,780VND (selling).-VNA
Interest rate’s decline supported from various factors
The National Financial Supervision Commision has assessed in its financial report for July that declines in the interest rate for the rest of 2017 will be supported by both domestic and international factors.