Reference exchange rate for USD continues to slip

Reference exchange rate for USD continues to slip

Illustrative photo (Photo: VNA)
Illustrative photo (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 24,240 VND/USD on August 6, down 1 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,452 VND/USD and the floor rate 23,028 VND/USD.

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

At 8:20am, Vietcombank listed the rates at 24,930 VND/USD (buying) and 25,270 VND/USD (selling), both down 120 VND from August 5.

Meanwhile, BIDV kept the buying rate at 24,930 VND/USD and the selling rate at 25,270 VND/USD, both down 130 VND./.

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