Reference exchange rate up 13 VND on August 16

The daily reference exchange rate for the US dollar is set at 23,173 VND/USD on August 16. (Photo: AFP/VNA)

Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,173VND/USD on August 16, up 13 VND from the previous day.

With the current trading band of +/- 3%, theceiling rate applicable to commercial banks during the day is 23,868 VND/USDand the floor rate 22,478 VND/USD.

The opening-hour rates at many commercial banksincreased.

BIDV listed the buying rate at 23,265 VND/USDand the selling rate at 23,545 VND/USD, both up 10 VND from the end of August 15.

Vietcombank also added 10 VND to both rates,listing at 23,230 VND/USD (buying) and 23,540 VND/USD (selling)./.

VNA