Business

Reference exchange rate up 6 VND on September 16

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,283 VND/USD on September 16, up 5 VND from the previous day.
Reference exchange rate up 6 VND on September 16 ảnh 1Illustrative photo (Source: VNA)
Hanoi (VNA) - TheState Bank of Vietnam set the daily reference exchange rate for the US dollarat 23,283 VND/USD on September 16, up 5 VND from the previous day.

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,980 VND/USDand the floor rate 22,585 VND/USD.

The opening-hour rates at many commercial banks showed an upward trend.

BIDV listed the buying rate at 23,460 VND/USD andthe selling rate at 23,740 VND/USD, both up 5 VND from September 15.

Meanwhile, Vietcombank kept both rates unchangedat 23,430 VND/USD (buying) and 23,740 VND/USD (selling).

During the week from September 12-16, the reference exchange rate was adjusteddown on the first two days but up on the rest of the week. It ended the week up30 VND./.


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