Reference exchange rate up at week’s beginning
Reference exchange rate up at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).
With the current trading band of +/- 5 per cent, the ceiling rate applicable for commercial banks during the day is 25,467 VND/USD and the floor rate 23,041 VND/USD.
At major commercial banks, the opening hour rates fluctuated in different directions.
At 8:05 am, Vietcombank listed the buying rate at 24,790 VND/USD and the selling rate at 25,130 VND/USD (selling), both down 20 VND from August 23.
Meanwhile, BIDV raised both rates by 5 VND, listing the buying rate at 24,790 VND/USD and the selling rate 25,130 VND/USD.