Reference exchange rate for USD continues to reduce

The State Bank of Vietnam set the daily reference exchange rate at 24,241 VND/USD on August 5, down 1 VND from the last working day of previous week (August 2).

The daily reference exchange rate is set at 24,241 VND/USD on August 5. (Photo: VNA)
The daily reference exchange rate is set at 24,241 VND/USD on August 5. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 24,241 VND/USD on August 5, down 1 VND from the last working day of previous week (August 2).

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,453 VND/USD and the floor rate 23,029 VND/USD.

At commercial banks, the opening-hour rates also saw decreases.

At 8:25am, Vietcombank listed the rates at 25,050 VND/USD (buying) and 25,390 VND/USD (selling), both down 10 VND from August 2.

Meanwhile, BIDV kept the buying rate unchanged at 25,060 VND/USD and reduced the selling rate by 5 VND to 25,400 VND/USD./.

VNA

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