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Reference exchange rates up 10 VND on February 20

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,643 VND/USD on February 20, up 10 VND from the previous day.

The daily reference exchange rate for the US dollar is set at 24,643 VND/USD on February 20. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 24,643 VND/USD on February 20. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,643 VND/USD on February 20, up 10 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,875 VND/USD and the floor rate 23,411 VND/USD.

At major commercial banks, the opening-hour rates saw increases.

At 8:16am, Vietcombank and BIDV listed the buying rate at 25,350 VND/USD and the selling rate 25,710 VND/USD, both up 10 VND from the February 19 morning session./.

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