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Reference exchange rate down 8 VND on September 16

The State Bank of Vietnam set the daily reference exchange rate at 25,208VND/USD on September 16, down 8 VND from the previous day.

The daily reference exchange rate is set at 25,208VND/USD on September 16. (Photo: VNA)
The daily reference exchange rate is set at 25,208VND/USD on September 16. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,208VND/USD on September 16, down 8 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,468 VND/USD, and the floor rate 23,948 VND/USD.

At 8:35 am, the opening-hour rates at major commercial banks saw decreases.

Vietcombank cut both rates by 8 VND from the September 15 morning session, listing the buying rate at 26,188 VND/USD and the selling rate at 26,468 VND/USD.

Meanwhile, BIDV cut the buying rate by 22VND to 26,188 VND/USD and the the selling rate by 8 VND to 26,468 VND/USD./.

VNA
#reference exchange #State Bank of Vietnam #current trading bands #commercial banks
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