Business

Reference exchange rate up 3 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 25,124 VND/USD on January 5, up 3 VND from December 31.

The daily reference exchange rate is set at 25,124 VND/USD on January 5. (Photo: VNA)
The daily reference exchange rate is set at 25,124 VND/USD on January 5. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,124 VND/USD on January 5, up 3 VND from December 31.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,380 VND/USD, and the floor rate 23,868 VND/USD.

At 8:25, the buying and selling rates at major commercial banks saw increases.

Both Vietcombank and BIDV listed the buying rate at 26,080 VND/USD and the selling rate at 26,380 VND/USD, up 3 VND from the December 31 morning session./.

VNA
#State Bank of Vietnam #commercial banks #reference exchange rate #Vietcombank #BIDV
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