Business

Reference exchange rate going up

The State Bank of Vietnam set the daily reference exchange rate at 25,151 VND/USD on December 18, up 5 VND from the previous day.

Reference exchange rate rises (Photo: VNA)
Reference exchange rate rises (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,151 VND/USD on December 18, up 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,409 VND/USD, and the floor rate 23,893 VND/USD.

At 8:30, the buying and selling rates at major commercial banks saw increases.

Vietcombank listed the buying rate at 26,148 VND/USD and the selling rate at 26,408 VND/USD, up 25 VND and 5 VND, respectively, from the December 17 morning session.

Similarly, BIDV also listed the buying rate 26,130 VND/USD and the selling rate at 26,408 VND, up 7 VND and 5 VND, respectively./.

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