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Central bank raises reference exchange rate

Apr 18th at 13:45
18-04-2018 13:45:11+07:00

Central bank raises reference exchange rate

State Bank of Viet Nam on April 18 raised the daily reference exchange rate by five Vietnamese dong from the previous day, setting it at VND22,482 per US dollar.

 

With the current trading band of +/- 3 per cent, the ceiling rate applied to commercial banks during the day is VND23,160 per US dollar and the floor rate VND21,716 per US dollar.

The opening hour rates at major commercial banks saw slight changes in the downward direction.

BIDV cut five dong from both the rates, listing the buying rate at VND22,735 per US dollar and the selling rate at VND22,805 per US dollar.

Meanwhile, Vietcombank maintained its rates at VND22,735 per US dollar (buying) and VND22,805 (selling), unchanged from April 17.

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