Business

Reference exchange rate remains unchanged

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,325 VND/USD on February 3, unchanged from January 24, the last working day before the Lunar New Year (Tet) holiday.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,325 VND/USD on February 3, unchanged from January 24, the last working day before the Lunar New Year (Tet) holiday.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,541 VND/USD and the floor rate 23,109 VND/USD.

At major commercial banks, the opening-hour rates saw decreases.

At 8:31am, Vietcombank listed the buying rate at 24,940 VND/USD and the selling rate at 25,300 VND/USD, both down 20 VND as compared with the January 24 morning session.

The rates listed at BIDV were 24,910 VND/USD and 25,270 VND/USD, down 50 VND. /.

VNA
#State Bank of Vietnam #exchange rate #US dollar #commercial banks
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