Business

Reference exchange rate kept unchanged following New Year holiday

The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD.
Reference exchange rate kept unchanged following New Year holiday ảnh 1The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD (Photo: VNA)
 
Hanoi (VNA) – TheState Bank of Vietnam kept the daily reference exchange rate on January 2unchanged from the last day before the New Year holiday (December 28) at 22,825VND/USD.

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is23,509 VND/USD and the floor rate is 22,141 VND/USD.

The transaction office of theState Bank of Vietnam maintained the same buying rate as on December 28 at22,700 VND/USD but added 21 VND to the selling rate, listing it at 23,460VND/USD.

Meanwhile, the opening hourrates at commercial banks followed the falling trend from last week.

Vietcombank cut both rates by 15VND, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245VND/USD.

The rates at BIDV went down by 15VND to 23,150 VND/USD (buying) and 23,240 VND/USD (selling).

At Techcombank, the buying ratedecreased by 20 VND to 23,120 VND/USD and the selling rate by 10 VND to 23,245VND/USD.

Last week (December 24-28), thedaily reference exchange rate followed a rising trend for most of the weekexcept for Tuesday. It gained a total 35 VND in the week.

 The rates at commercial banks fluctuatedduring the first days of the week but dropped sharply in the week’s last twodays.-VNA
VNA
#State Bank of Vietnam #reference exchange rate #New Year holiday #trading band #ceiling rate #commercial banks #floor rate #vietnamplus #Vietnam News Agency
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