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Reference exchange rate drops 4 VND on January 22

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,332 VND/USD on January 22, down 4 VND from the previous day.

The daily reference exchange rate for the US dollar is set at 24,332 VND/USD on January 22. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 24,332 VND/USD on January 22. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,332 VND/USD on January 22, down 4 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,549 VND/USD and the floor rate 23,115 VND/USD.

At major commercial banks, the opening-hour rates also followed the downward trend.

At 8:27am, both Vietcombank and BIDV listed the buying rate at 25,090 VND/USD and the selling rate at 25,450 VND/USD.

The rates at Vietcombank fell 50 VND while those at BIDV decreased 55 VND from January 21 morning./.

VNA
#reference exchange rate #trading band #commercial banks #State Bank of Vietnam #Vietcombank #BIDV
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