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Reference exchange rate up at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).
With the current trading band of +/- 5 per cent, the ceiling rate applicable for commercial banks during the day is 25,467 VND/USD and the floor rate 23,041 VND/USD.
At major commercial banks, the opening hour rates fluctuated in different directions.
At 8:05 am, Vietcombank listed the buying rate at 24,790 VND/USD and the selling rate at 25,130 VND/USD (selling), both down 20 VND from August 23.
Meanwhile, BIDV raised both rates by 5 VND, listing the buying rate at 24,790 VND/USD and the selling rate 25,130 VND/USD.
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