Reference exchange rate down despite gold price soaring
Reference exchange rate down despite gold price soaring
The State Bank of Vietnam set the daily reference exchange rate at 23,200 VND per USD on August 7, down 3 VND from the previous day.
Illustrative image (Photo: VNA)
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The State Bank of Vietnam set the daily reference exchange rate at 23,200 VND per USD on August 7, down 3 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,896 VND/USD and the floor rate, 22,503 VND/USD.
The opening hour rates at commercial banks remained unchanged as compared to the same time of August 6.
At 8:30 am, Vietcombank kept both rates unchanged from the previous day at 23,060 VND/USD (buying) and 23,270 VND/USD (selling).
Meanwhile, BIDV listed two rates at 23.085 - 23.265 VND/USD (buying-selling), unchanged from August 6.
Techcombank also kept both rates the same at 23,066 VND/USD (buying) and 23,266 VND/USD (selling).