Reference exchange rate rises at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,487 VND/USD on February 10, up 25 VND from the last work day of the previous week.

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 24,487 VND/USD on February 10, up 25 VND from the last work day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,711 VND/USD and the floor rate 23,263 VND/USD.

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

At 8:29am, Vietcombank listed the buying rate at 25,170 VND/USD and the selling rate at 25,530 VND/USD, both up 80 VND as compared with the February 7 morning session.

Meanwhile, BIDV also increased the rates by 80 VND, listing at 25,130 VND/USD (buying) and 25,490 VND/USD (selling)./.

VNA

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