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.

Illustrative 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