Reference exchange rate goes down by 10 VND
The State Bank of Vietnam slashed its reference VND/USD exchange rate by 10 VND to 22,405 VND/USD on the morning of January 3.
Illustrative image (Source: VNA)Hanoi (VNA) – The State Bank of Vietnam slashed its reference VND/USD exchange rate by 10 VND to 22,405 VND/USD on the morning of January 3.
With the current /- 3 percent VND/USD trading band, the ceiling exchange rate is 23,068 VND per USD and the floor rate is 21,732 VND per USD.
Accordingly, major commercial banks raised their rates.
Vietcombank and BIDV offered the same rates with 22,675 VND (buying) and 22,745 VND (selling), per USD, up by 10 VND from the morning of the day earlier.
Vietinbank posted 22,675 VND (buying), and 22,744 VND (selling), per USD, up by 5 VND from the day ago.-VNA
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