Business

Reference exchange rate remains on upward trend on August 5

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,675 VND/USD, and the floor rate 24,135 VND/USD.

The daily reference exchange rate is set at 25,405 VND/USD on August 5. (Photo: VNA)
The daily reference exchange rate is set at 25,405 VND/USD on August 5. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,405 VND/USD on August 5, up 25 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,675 VND/USD, and the floor rate 24,135 VND/USD.

In contrast, the opening-hour buying and selling rates at major commercial banks fell from the August 4 morning trading session.

Both Vietcombank and BIDV listed the buying rate at 26,080 VND/USD and the selling rate at 26,460 VND/USD, both down 5 VND from the previous day./.

VNA
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