Business

Reference exchange rate down 49 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,897 VND/USD on August 21, down 49 VND from the last working day of previous week (August 18).
Reference exchange rate down 49 VND at week’s beginning ảnh 1Reference exchange rate down 49 VND at week’s beginning (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate at 23,897 VND/USD on August 21, down 49 VND fromthe last working day of previous week (August 18).

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 25,173 VND/USDand the floor rate 22,783 VND/USD.

At commercial banks, the opening-hour rates alsodropped.

At 8:45 am, Vietcombank listed the rates at 23,610VND/USD (buying) and 23,980 VND/USD (selling), down 60 VND from the end ofAugust 18.

BIDV also reduced both rates by 55 VND, listingthe buying rate at  23,665 VND/USD and theselling rate at 23,965 VND/USD.

During the week from August 14 to 18, the dailyreference exchange rate was unchanged on the first day of the week and adjustedup on three following days – Tuesday, Wednesday and Thursday. It was adjusteddown on Friday and ended the week up 98VND./.
VNA
#State Bank of Vietnam #VND/USD reference exchange rate #daily reference exchange rate #commercial banks #Vietcombank #Vietnam news #Vietnam News Agency
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