Business

Reference exchange rate up 20 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,133 VND/USD on February 21, up 20 VND from the rate on the last working day of previous week (February 18).
Reference exchange rate up 20 VND at week’s beginning ảnh 1Illustrative image. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate for the US dollar at 23,133 VND/USD on February 21, up 20 VNDfrom the rate on the last working day of previous week (February 18).

With the current trading band of  +/- 3 percent, the floor rate applicable tocommercial banks is 23,826 VND/USD and the ceiling rate 22,439 VND/USD.

The opening-hour rates at commercial banks stayed stable.

At 8:20 am, Vietcombank listed the buying rate at 22,670 VND/USD and theselling rate at 22,980 VND/USD, unchanged from February 18.

BIDV raised the selling rate by 2 VND to 22,693 VND/USD and the buying rate by5 VND to 22,970 VND/USD.

During the week from February 14 to 18, thereference exchange rate followed an upward trend during the first three daysbefore turning around on Thursday and stayed unchanged on Friday. It ended theweek up 17 VND from Monday./.
VNA
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