Reference exchange rate down 5 VND on August 18

Illustrative photo (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,946 VND/USD on August 18, down 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,143 VND/USD and the floor rate 23,748 VND/USD.

At commercial banks, the opening-hour rates continued the upward trend.

At 8:30 am, BIDV listed the rates at 23,720 VND/USD (buying) and 24,020 VND/USD (selling), unchanged from the end of August 17.

Vietcombank also kept both rates unchanged at 23,670 VND/USD (buying) and 24,040 VND/USD (selling).

During the week from August 14 to 18, the daily reference exchange rate was unchanged on the first day of the week and adjusted up on three following days – Tuesday, Wednesday and Thursday. It was adjusted down on Friday and ended the week up 98 VND./.

VNA