Reference exchange rate down by 1 VND

The State Bank of Vietnam announced its reference VND/USD exchange rate on August 14 at 22,441 VND/USD, down by 1 VND from the end of last week.

The daily reference exchange rate on August 14 was revised down 1 VND from August 11 to 22,441 VND/USD. Illustrative image (Photo: VNA)

Hanoi, (VNA) – The State Bank of Vietnam announced its reference VND/USD exchange rate on August 14 at 22,441 VND/USD, down by 1 VND from August 11.

With the current +/- 3 percent VND/USD trading band, the ceiling exchange rate is 23,114 VND per USD and the floor rate is 21,768 VND per USD.

Major commercial banks kept their rates quite stable in comparison with the end of last week.

Vietcombank offered 22,695 VND (buying) and 22,765 VND (selling), per USD, unchanged from the end of last week.

BIDV also offered the same rates as Vietcombank’s, with 22,695 VND (buying) and 22,765 VND (selling), per USD.

Techcombank set its buying and selling rates at 22,680 VND and 22,775 VND, per USD, also unchanged from the end of last week.-VNA

VNA