Reference exchange rate down 49 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,897 VND/USD on August 21, down 49 VND from the last working day of previous week (August 18).
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Reference exchange rate down 49 VND at week’s beginning
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,173 VND/USD and the floor rate 22,783 VND/USD.
At commercial banks, the opening-hour rates also dropped.
At 8:45 am, Vietcombank listed the rates at 23,610 VND/USD (buying) and 23,980 VND/USD (selling), down 60 VND from the end of August 18.
BIDV also reduced both rates by 55 VND, listing the buying rate at 23,665 VND/USD and the selling rate at 23,965 VND/USD.
During the week from August 14 to 18, the daily reference exchange rate was unchanged on the first day of the week and adjusted up on three following days – Tuesday, Wednesday and Thursday. It was adjusted down on Friday and ended the week up 98 VND./.
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