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 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.
With the current trading band of /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,185 VND/USD and the floor rate 21,741 VND/USD.
Meanwhile, the opening hour rates at major commercial banks stayed stable.
Both Vietcombank and BIDV listed their buying rate at 22,740 VND/USD and the selling rate at 22,810 VND/USD, unchanged from April 20.
Vietinbank adjusted both rates down by 3 VND, buying the greenback at 22,737 VND/USD and selling at 22,807 VND/USD.
Last week, the reference exchange rate showed a downward trend on the first two days but then turned around to rise throughout the last three working days.-VNA
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