Reference exchange rate down at week’s beginning
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,130 VND per USD on September 16, down 3 VND from the last working day of previous week (September 13).
Illustrative image (Source: VNA)Hanoi (VNA) – The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,130 VND per USD on September 16, down 3 VND from the last working day of previous week (September 13).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,824 VND per USD and the floor rate at 22,436 VND/USD.
The opening hour rates at commercial banks saw slight fluctuations.
At 8:15 am, Vietcombank listed the buying rate at 23,125 VND/USD and the selling rate at 23,275 VND/USD, the same as on September 13.
BIDV added 5 VND to both rates, with the buying rate listed at 23,155 VND/USD and the selling rate at 23,275 VND/USD.
Meanwhile, Techcombank slashed both rates by 3 VND, listing the buying rate at 23,143 VND/USD and the selling rate at 23,283 VND/USD.
During the week from September 9 to 13, the daily reference exchange rate fluctuated throughout the week, but ending the week 1 VND higher than the rate on Monday.
The rates at commercial banks varied. While rates listed by Vietcombank ended the week lower than those on Monday, the rates at Techcombank at the end of the week were higher than those on the week’s first day./.
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