The State Bank of Vietnam set the daily reference exchange rate at 23,946 VND/USD on August 18, down 5 VND from the previous day.
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Reference exchange rate down 5 VND on August 18
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,143 VND/USD and the floor rate 23,748 VND/USD.
At commercial banks, the opening-hour rates continued the upward trend.
At 8:30 am, BIDV listed the rates at 23,720 VND/USD (buying) and 24,020 VND/USD (selling), unchanged from the end of August 17.
Vietcombank also kept both rates unchanged at 23,670 VND/USD (buying) and 24,040 VND/USD (selling).
During the week from August 14 to 18, the daily reference exchange rate was adjusted up on three days – Tuesday, Wednesday and Thursday, after keeping unchanged on the first day of the week and then down on Friday. It ended the week 109 VND./.
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