Business

Reference exchange rate down 9 VND at week’s beginning

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,502 VND/USD and the floor rate 23,978 VND/USD.

Illustrative photo (Photo: VNA)
Illustrative photo (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange at 25,240 VND/USD on August 4, down 9 VND from the last work day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,502 VND/USD and the floor rate 23,978 VND/USD.

At 8:15 am, the opening-hour rates at major commercial banks saw increases.

Both Vietcombank and BIDV listed the buying rate at 26,030 VND/USD and the selling rate at 26,390 VND/USD, up 10 VND from the August 1 morning session./.

VNA
#SBV #Reference exchange rate #commercial banks #BIDV #Vietcombank
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