Business

Reference exchange rate up 4 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,218 VND per USD on April 12, up 4 VND from the last working day of previous week (April 9).
Reference exchange rate up 4 VND at week’s beginning ảnh 1The State Bank of Vietnam set the daily reference exchange rate at 23,218 VND per USD on April 12 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 23,218 VND per USD on April 12, up 4 VND from the lastworking day of previous week (April 9).

Withthe current trading band of +/-3 percent, the ceiling rate applied tocommercial banks during the day is 23,914 VND/USD and the floor rate 22,523 VND/USD.

Therates listed at commercial banks saw slight changes.

At8:25 am, Vietcombank listed the buying rate at 22,945 VND/USD and the sellingrate 23,155 VND/USD, down 5 VND from April 9.

BIDV reduced both rates by 10 VND, listing the buying rate at22,970 VND/USD and the selling rate 23,170 VND/USD.

Meanwhile,Vietinbank kept both rates unchanged at 22,915 VND/USD and the selling rate at23,165 VND/USD.

Duringthe week from April 5 to April 9, the daily reference exchange rate mostly followeda downward trend and ended the week down 22 VND from the rate at the week’sbeginning.

The rates at commercial banks fluctuated but ended the week generally higherthan those at the opening of the week./.

VNA
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