Reference exchange rate up 2 VND on February 25

The State Bank of Vietnam set the daily reference exchange rate at 23,245 VND per USD on February 25, up 2 VND from the previous day.

Tuesday, February 25, 2020 08:50

Reference exchange rate up 2 VND on February 25 ảnh 1

The daily reference exchange rate is set at 23,245 VND per USD on February 25 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,245 VND per USD on February 25, up 2 VND from the previousday.

With the current trading band of +/-3 percent, the ceiling rate applied tocommercial banks during the day is 23,940 VND/USD and the floor rate 22,545VND/USD.

The opening hour rates at most commercial banks saw sharp increases.

At 8:15 am, Vietcombank listed the buying rate at 23,180 VND/USD and theselling rate at 23,250 VND/USD, up 35 VND from February 24.

BIDV added 40 VND to both rates, with the buying rate listed at 23,210 VND/USDand the selling rate at 23,350 VND/USD.

Techcombank also raised both rates by 32 VND, listing the buying rate at 23,192VND/USD and the selling rate at 23,352 VND/USD./.

VNA

#State Bank of Vietnam #daily reference exchange rate #ceiling exchange rate. floor exchange rate #Vietnam's monetary policy #USD/VND exchange rate #updated Vietnam news #Vietnamplus #Vietnam News Agency

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