Business

Reference exchange rate down at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,142 VND/USD on August 30, down 5 VND from the rate on the last working day of previous week (August 27).
Reference exchange rate down at week’s beginning ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 23,142 VND/USD on August 30, down 5 VND from therate on the last working day of previous week (August 27).

With the current trading band of +/- 3 percent, the ceiling rate applicable tocommercial banks during the day is 23,831 VND/USD and the floor rate 22,443VND/USD).

The rates at commercial banks stayed stable.

At 8:30 am, Vietcombank listed the buying rate at 22,650 VND/USDand the selling rate at 22,880 VND/USD, unchanged from August 27.

BIDV kept the buying rate unchanged at 22,685 VND/USD and raised the sellingrate by 10 VND to 22,895 VND/USD.

During the week from August 23-27, the daily reference exchange rate wasrevised up on Monday but then down until the end of the week, ending 35 VNDlower than the rate at the beginning of the week./.
VNA
#State Bank of Vietnam #ceiling rate #trading band #Vietnam #VietnamPlus #Vietnam news
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