Business

Reference exchange rate down 8 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,626 VND/USD on April 24, down 8 VND from the last working day of previous week (April 21).
Reference exchange rate down 8 VND at week’s beginning ảnh 1Illustrative image. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set thedaily reference exchange rate at 23,626 VND/USD on April 24, down 8 VND fromthe last working day of previous week (April 21).

With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 24,806 VND/USD andthe floor rate 22,446 VND/USD.

The opening hour rates at commercial banks increased.

At 8:40 am, Vietcombank listed the buying rate at23,300 VND/USD, and the selling rate at 23,670 VND/USD, both up 10 VND from theend of April 21.

BIDV also raised both rates by 5 VND to 23,345VND/USD (buying) and 23,645 VND/USD (selling).

During the week from April 17 to 21, the daily referenceexchange rate was adjusted down on Monday and up on the next three days beforegoing down again on Friday. It ended the week up 57 VND./.
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