Reference exchange rate up 1 VND at week’s beginning

Illustrative photo (Source: VNA)

Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,211VND/USD on August 29, up 1 VND from the last working day of the previous week(August 26).

With the current trading band of  +/-3 percent,the ceiling rate applicable to commercial banks during the day is 23,907VND/USD and the floor rate 22,515 VND/USD.

The opening-hour rates at many commercial banks sawfluctuations.

Vietcombank listed the buying rate at 23,240VND/USD and the selling rate at 23,479 VND/USD, down 20 VND and up 9 VND fromAugust 26, respectively.

Meanwhile, BIDV reduced both rates by 5 VND to23,280 VND/USD (buying) and 23,560 VND/USD (selling)./.

VNA