Business

Reference exchange rate down 5 VND at week’s beginning

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,137 VND per USD on September 23, down 5 VND from the last working day of previous week (September 20).
Reference exchange rate down 5 VND at week’s beginning ảnh 1The State Bank of Vietnam (SBV) sets the daily reference exchange rate at 23,137 VND per USD on September 23.(Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam (SBV) set the daily referenceexchange rate at 23,137 VND per USD onSeptember 23, down 5 VND from the last working day of previous week (September 20).

With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,831 VND per USD and the floor rate at 22,442 VND/USD.

The opening hour rates at commercial banksshowed slight fluctuations.

At 8:15 am, Vietcombank listed the buying rate at 23,120 VND/USD and theselling rate at 23,270 VND/USD, unchanged from the sametime on September 19.

Meanwhile, BIDV cut bothrates by 10 VND, with the buying rate listed at 23,140 VND/USD and the selling rate at 23,260 VND/USD.

Techcombank reduced both rates by 3 VND, listing the buying rate at 23,135 VND/USD and the selling rate at 23,275 VND/USD.

During the week from September 16 to 20,the daily reference exchange rate was revised down on the first day, thenfollowed the upward trend for the next three days before going down again onthe last day. It ended the week 12 VND higher than the rate on Monday.

The rates listed at commercial banksfluctuated through the week but ended mostly lower than the levels at theweek’s beginning./.
VNA
#State Bank of Vietnam (SBV) #daily reference exchange rate #23 #137 VND #trading band of +/- 3 percent #commercial banks #slight fluctuations #Vietcombank #BIDV #Vietnam News Agency #Vietnamplus
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