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Reference exchange rate going up on February 25

The State Bank of Vietnam set the daily reference exchange rate at 25,057 VND/USD on February 25, up 4 VND from the previous day.

The daily reference exchange rate is set at 25,057 VND/USD on February 25. (Photo: VietnamPlus)
The daily reference exchange rate is set at 25,057 VND/USD on February 25. (Photo: VietnamPlus)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,057 VND/USD on February 25, up 4 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,310 VND/USD, and the floor rate 23,804 VND/USD.

At 8:35, the buying and selling rates at major commercial banks saw significant increases.

Vietcombank listed the buying rate at 25,989 VND/USD and the selling rate at 26,309 VND/USD, up 69 VND and 9 VND, respectively, from the February 24 morning session.

BIDV also raised the buying rate by 103 V ND to 26,013 VND/USD and the selling rate by 19 VND to 26,309 VND/USD (selling)./.

VNA
#reference exchange rate #USD/VND exchange rate #State Bank of Vietnam #commercial banks
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