Reference exchange rate up 13 VND on August 16

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,173 VND/USD on August 16.

With the current trading band of +/- 3%, the ceiling rate applicable to commercial banks during the day is 23,868 VND/USD and the floor rate 22,478 VND/USD.

The opening-hour rates at many commercial banks increased.

BIDV listed the buying rate at 23,265 VND/USD and the selling rate at 23,545 VND/USD, both up 10 VND from the end of August 15.

Vietcombank also added 10 VND to both rates, listing at 23,230 VND/USD (buying) and 23,540 VND/USD (selling).

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