Business

Reference exchange rate up 13 VND on August 19

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,205 VND/USD on August 19, up 13 VND from the previous day.
Reference exchange rate up 13 VND on August 19 ảnh 1The daily reference exchange rate for the US dollar is set at 23,205 VND/USD on August 19. (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,205VND/USD on August 19, up 13 VND from the previous day.

With the current trading band of  +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,900 VND/USDand the floor rate 22,510 VND/USD.

The opening-hour rates at many commercial banks eitherstayed stable or dropped slightly.

At 8:30 am, Vietcombank listed the buying rate at23,235 VND/USD and the selling rate at 23,545 VND/USD, both unchanged from theend of August 18.

BIDV reduced both rates by 5 VND to 23,260 VND/USD(buying) and 23,540 VND/USD (selling).

During the week from August 15-19, the dailyreference exchange rate for the US dollar generally followed an upward trend.It ended the week up 45 VND./.
VNA
#daily reference exchange rate #State Bank of Vietnam #commercial banks #USD/VND exchange rate #Vietnam's monetary policy #Vietcombank #BIDV #updated Vietnam news #Vietnamplus #Vietnam News Agency
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