Business

Reference exchange rate rises slightly at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 25,103 VND/USD on April 20, up just 1 VND from the last working 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 at 25,103 VND/USD on April 20, up just 1 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,358 VND/USD, and the floor rate 23,848 VND/USD.

At 8:20, the buying and selling rates at commercial banks also saw a slight increase.

Both Vietcombank and BIDV raised both rates by 1 VND, listing the buying rate at 26,128 VND/USD and the selling rate at 26,358 VND/USD./.

VNA
#Reference exchange rate #Vietnam #ceiling rate #commercial bank
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