Business

Reference exchange rate going up following New Year holiday

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,342 VND/USD on January 2, up 7 VND from the last day before the New Year holiday (December 31).

The reference exchange rate going up following New Year holiday (Photo: VNA)
The reference exchange rate going up following New Year holiday (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,342 VND/USD on January 2, up 7 VND from the last day before the New Year holiday (December 31).

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,559 VND/USD and the floor rate 23,125 VND/USD.

At major commercial banks, the opening hour rates saw increases.

At 8:25 am, Vietcombank listed the buying rate at 25,259 VND/USD and the selling rate at 25,559 VND/USD, both up 8 VND from December 31.

Meanwhile, BIDV raised the buying rate by 3 VND to 25,259 VND/USD, and the selling rate by 8 VND to 25,559 VND/USD./.

VNA
#State Bank of Vietnam #VND/USD exchange rate
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