Reference exchange rate revised down at week’s beginning

10:00 | 12/08/2024 Economy Follow Ven.vn on

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,256 VND/USD on August 12, down 4 VND from the last working day of the previous week (August 9).

Illustrative photo (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,256 VND/USD on August 12, down 4 VND from the last working day of the previous week (August 9).

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,469 VND/USD and the floor rate 23,043 VND/USD.

At major commercial banks, the opening hour rates fluctuated in different directions.

At 8:31am, Vietcombank listed the rates at 25,040 VND/USD (buying) and 25,380 VND/USD (selling), both up 70 VND from August 9.

Meanwhile, BIDV cut both rates by 20 VND, listing the buying rate at 24,950 VND/USD and the selling rate at 25,290 VND/USD./.

Source: VNA

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Reference exchange rate revised down at week’s beginning

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