Reference exchange rate on Aug 29: 23.963 VND/USD, up 3 VND

WVR/VNA - The State Bank of Vietnam set the daily reference exchange rate at 23,960 VND/USD on August 28, up 18 VND from the last working day of previous week (23,898 VND/USD on August 25).
Reference exchange rate on Aug 29: 23.963 VND/USD, up 3 VND
Reference exchange rate on Aug 29: 23.963 VND/USD, up 3 VND. (Source:WVR)

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,139 VND/USD and the floor rate 22,744 VND/USD.

At commercial banks, the opening-hour rates increased.

At 8:15 am, Vietcombank listed the rates at 23,820 VND/USD (buying) and 24,190 VND/USD (selling), both up 40 VND from the end of August 25.

BIDV also raised both rates by 5 VND, listing the buying rate at 23,875 VND/USD and the selling rate at 24,175 VND/USD.

During the week from August 21-25, the State Bank of Vietnam’s reference exchange rate increased 45 VND. The rate experienced a sharp decrease at the beginning of the week on August 21, narrowed the decline momentum on the next day, and rebounded from August 23 to August 25.

No. Currency

Currency name

Commercial bank rate

Buying

Commercial bank rate

Selling

*SBV rate

Apply for import and export from 24- Aug 30

1 EUR Euro

25,439.96

26,863.23

25,936.50
2 JPY Japanese Yen

160.29

169.69

164.01
3 GBP Pound 29,637.26

30,899.60

30,453.22
4 AUD Dollar Australia 15,104.17 15,747.50 15,373.58
5 CAD Dollar Canada 17,282.85

18,018.98

17,649.93
6 RUB Russian Ruble

242.89

268.91

253.07

7 KRW Korean Won

15.76

19.20

17.87
8 INR Indian Rupee

291.19

302.85 288.07
9 HKD

Hong Kong

Dollar

2,995.90 3,123.50

3,049.46

10 CNY

Chinese Yuan

3,254.00 3,362.00 3,282.06
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(Source: WVR)