Reference exchange rate revised up 14 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,187 VND/USD on August 10, up 14 VND from the previous day.
Illustrative image (Source: VNA)With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,882 VND/USD and the floor rate 22,491 VND/USD.
The listed rates at major commercial banks saw slight decreases.
At 8:25am, Vietcombank listed the buying rate at 22,800 VND/USD and the selling rate at 23,030 VND/USD), unchanged from August 9.
Meanwhile, BIDV cut both rates by 10 VND, listing the buying rate at 22,820 VND/USD and the selling rate at 23,020 VND/USD.
Vietinbank also reduced both rates by 5 VND, listing them at 22,800 VND/USD (buying) and 23,020 VND/USD (selling)./.
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