Business

Reference exchange rate up 15 VND on June 27

The State Bank of Vietnam (SBV) raised the daily reference exchange rate by another 15 VND to 22,640 VND/USD on June 27.
Reference exchange rate up 15 VND on June 27 ảnh 1Daily reference exchange rate raised by another 15 VND to 22,640 VND/USD on June 27 (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam (SBV) raised the dailyreference exchange rate by another 15 VND to 22,640 VND/USD on June 27.

With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,318 VND/USD and the floor rate 21,964VND/USD.

The opening hour rates at commercial banks continued to rise strongly forthe second consecutive day.

The rates at Vietcombank surged 40 VND to 22,905 VND/USD (buying) and22,975 VND/USD (selling).

BIDV added 45 VND to both rates, listing the buying rate at 22,915VND/USD and the selling rate at 22,985 VND/USD.  

Techcombank increased both rates by 25 VND, listing the buying rate at22,870 VND/USD and the selling rate at 22,970 VND/USD.

Both the daily reference exchange rate and listed VND/USD rates at bankshave been on a rising trend since last week.

The SBV said it will manage the reference rate flexibly in conformitywith developments of the market, and will also scale up foreign reserves whennecessary.-VNA
VNA
#Reference exchange rate #State Bank of Vietnam #current trading band #ceiling rate #commercial banks #floor rate #Vietnam #Vietnamplus #Vietnam News Agency
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