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./.
Reference exchange rate down 3 VND on August 2
The State Bank of Vietnam set the daily reference exchange rate at 24,242 VND/USD on August 2, down 3 VND from the previous day.