Reference exchange rate at 25,240 VND/USD, down 9 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange at 25,240 VND/USD on August 4, down 9 VND from the last work day of the previous week.
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| Reference exchange rate down 9 VND at week’s beginning. (Illustrative photo) |
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,502 VND/USD and the floor rate 23,978 VND/USD.
At 8:15 am, the opening-hour rates at major commercial banks saw increases.
Both Vietcombank and BIDV listed the buying rate at 26,030 VND/USD and the selling rate at 26,390 VND/USD, up 10 VND from the August 1 morning session.
(Source: VNA)
