Business

Reference exchange rate down 4 VND on January 16

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,388 VND/USD, and the floor rate 23,874 VND/USD.

The State Bank of Vietnam sets the daily reference exchange rate at 25,131 VND/USD on January 16 (Photo: VNA)
The State Bank of Vietnam sets the daily reference exchange rate at 25,131 VND/USD on January 16 (Photo: VNA)


Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,131 VND/USD on January 16, down 4 VND from January 15.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,388 VND/USD, and the floor rate 23,874 VND/USD.

At 8:30, the buying and selling rates at major commercial banks also saw decreases.

Both Vietcombank and BIDV listed the buying rate at 26,087 VND/USD and the selling rate at 26,387 VND/USD, the same as the morning session on January 15./.

VNA
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