Business

Reference exchange rate rises sharply on April 4

The daily reference exchange rate for the US dollar increased 32 VND from the previous day to stand at 24,886 VND/USD on April 4.

The daily reference exchange rate for the US dollar is set at 24,886 VND/USD on April 4. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 24,886 VND/USD on April 4. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,886 VND/USD on April 4, soaring 32 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,130 VND/USD and the floor rate 23,642 VND/USD.

At major commercial banks, the opening-hour rates also went up accordingly.

At 8:30 am, Vietcombank listed the buying rate at 25,610 VND/USD and the selling rate 25,970 VND/USD, both up 40 VND from April 3 morning.

BIDV also raised both rates by 50 VND, listing the buying rate at 25,590 VND/USD and the selling rate at 25,950 VND/USD./.

VNA
#daily reference exchange rate #State Bank of Vietnam #commercial banks #Vietcombank #BIDV
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