Reference exchange rate continues rising trend

The State Bank of Vietnam adjusted the daily reference exchange rate on December 28 up 20 VND to 22,825 VND/USD.
Reference exchange rate continues rising trend ảnh 1Illustrative photo (Source: VNA)

Hanoi (VNA) – TheState Bank of Vietnam adjusted the daily reference exchange rate on December 28up 20 VND to 22,825 VND/USD.

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,509VND/USD and the floor rate is 22,141 VND/USD.

The transaction office of theState Bank of Vietnam kept both rates unchanged from December 27 at 22,700VND/USD (buying), and 23,439 VND/USD.

The opening hour rates at commercialbanks continued to drop sharply.

Vietcombank cut both rates by 20VND, listing the buying rate at 23,170 VND/USD and the selling rate at 23,260VND/USD.

The rates at BIDV went down by30 VND to 23,165 VND/USD (buying) and 23,255 VND/USD (selling).

At Techcombank, the buying ratedecreased by 20 VND to 23,140 VND/USD and the selling rate by 15 VND to 23,255 VND/USD.

This week (December 24-28), thedaily reference exchange rate followed a rising trend for most of the weekexcept for Tuesday. It gained a total 35 VND in the week.

The rates at commercial banksfluctuated during the first days of the week but dropped sharply in the lasttwo days.-VNA
VNA

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