Business

Reference exchange rate up 25 VND at week’s beginning

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,865 VND/USD, and the floor rate 24,307 VND/USD.

The State Bank of Vietnam set the daily reference exchange rate at 25,586 VND/USD on August 17. (Photo: VNA)
The State Bank of Vietnam set the daily reference exchange rate at 25,586 VND/USD on August 17. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,586 VND/USD on August 17, up 25 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,865 VND/USD, and the floor rate 24,307 VND/USD.

The opening-hour buying and selling rates at major commercial banks saw a remarkable increase from the August 14 morning trading session.

Both Vietcombank and BIDV listed the buying rate at 25,950 VND/USD and the selling rate at 26,330 VND/USD, both up 60 VND from the previous session./.

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