Reference exchange rate goes down
The daily reference VND/USD exchange rate set by the State Bank of Vietnam went down 10 VND after the three-day New Year holiday to 22,415 VND/USD on January 2.
The daily reference VND/USD exchange rate set by the State Bank of Vietnam went down 10 VND on January 2. (Photo: VNA)Hanoi (VNA) – The daily reference VND/USD exchange rate set by the State Bank of Vietnam went down 10 VND after the three-day New Year holiday to 22,415 VND/USD on January 2.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,078 VND/USD and the floor rate 21,742 VND/USD.
At the beginning of the day, the rates listed at commercial banks also dropped compared to December 29, the last working day before the holiday.
Vietcombank cut both rates by 10 VND, listing the buying rate at 22,665 VND and the selling rate at 22,735 VND/USD.
The rates at Vietinbank also went down 5 VND to 22,670 VND (buying) and 22,740 VND/USD (selling).
The strongest reduction (15 VND) was seen at BIDV, where the greenback is bought at 22,665 VND and sold at 22,735 VND/USD.-VNA
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