Reference exchange rate going down

The daily reference exchange rate is set at 23,110 VND/USD on September 16 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,110 VND/USD on September 16, down 7 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,803 VND/USD and the floor rate 22,416 VND/USD.

The opening hour rates at commercial banks saw decreases.

At 8:30 am, Vietcombank cut both rates by 10 VND to 22,630 VND/USD (buying) and 22,860 VND/USD (selling).

Both rates at BIDV were also reduced by 5 VND to 22,660 VND/USD (buying) and 22,860 VND/USD (selling)./.

VNA