Business

Reference exchange rate stays stable on February 12

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,303 VND/USD, and the floor rate 23,798 VND/USD.

The State Bank of Vietnam sets the daily reference exchange rate at 25,050 VND/USD on February 12. (Photo: VNA)
The State Bank of Vietnam sets the daily reference exchange rate at 25,050 VND/USD on February 12. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,050 VND/USD on February 12, unchanged from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,303 VND/USD, and the floor rate 23,798 VND/USD.

At 8:25, the buying and selling rates at major commercial banks saw significant increases.

Vietcombank listed the buying rate at 25,800 VND/USD and the selling rate at 26,180 VND/USD, both up 70 VND from the February 11 morning session.

BIDV also raised both rates by 89 VND to 25,790 VND/USD (buying) and 26,170 VND/USD (selling)./.

VNA
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