Business

Reference exchange up at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 22,507 VND/USD on April 23, up 9 VND from the last working day of previous week (April 20), following the upward trend from the latter half of last week.
Reference exchange up at week’s beginning ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam (SBV) set the dailyreference exchange rate at 22,507 VND/USD on April 23, up 9 VND from the lastworking day of previous week (April 20), following the upward trend from the latterhalf of last week.  

With the current trading band of /- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,185 VND/USD and the floor rate 21,741VND/USD.

Meanwhile, the opening hour rates at major commercial banks stayedstable.

Both Vietcombank and BIDV listed their buying rate at 22,740 VND/USD andthe selling rate at 22,810 VND/USD, unchanged from April 20.

Vietinbank adjusted both rates down by 3 VND, buying the greenback at22,737 VND/USD and selling at 22,807 VND/USD.

Last week, the reference exchange rate showed a downward trend on thefirst two days but then turned around to rise throughout the last three workingdays.-VNA
VNA
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