Reference exchange rate down after Tet holiday
The State Bank of Vietnam set the daily reference exchange rate at 23,122 VND per USD on February 17, the first working day after the week-long Lunar New Year (Tet) holiday, down 15 VND from before Tet.
The State Bank of Vietnam set the daily reference exchange rate at 23,122 VND per USD on February 17 (Photo: VNA)With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks on the day is 23,816 VND/USD and the floor rate 22,428 VND/USD.
The rates listed at commercial banks stayed stable.
At 8:25 am, Vietcombank listed the buying rate at 22,880 VND/USD, and the selling rate 23,090 VND/USD, unchanged from last working day before Tet (February 9)
BIDV also kept both rates at the same levels as on February 9 at 22,900 VND/USD (buying) and 23,100 VND/USD (selling).
Similarly, the rates at Vietinbank were maintained unchanged at 22,840 VND/USD (buying) and 23,087 VND/USD (selling)./.
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