Business

Reference exchange rate up at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,467 VND/USD and the floor rate 23,041 VND/USD.

At major commercial banks, the opening hour rates fluctuated in different directions.

At 8:05 am, Vietcombank listed the buying rate at 24,790 VND/USD and the selling rate at 25,130 VND/USD (selling), both down 20 VND from August 23.

Meanwhile, BIDV raised both rates by 5 VND, listing the buying rate at 24,790 VND/USD and the selling rate 25,130 VND/USD./.

VNA
#daily reference exchange rate #Vietnam #trading band
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