Business

Reference exchange rate up 17 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,222 VND/USD on August 22, up 17 VND from the last working day of previous week (August 19).
Reference exchange rate up 17 VND at week’s beginning ảnh 1The daily reference exchange rate for the US dollar is set at 23,222 VND/USD on August 22. (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,222VND/USD on August 22, up 17 VND from the last working day of previous week(August 19).

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,918 VND/USDand the floor rate 22,525 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 19.

Meanwhile, BIDV reduced both rates by 5 VND to23,260 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
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