Business

Reference exchange rate continues to go up

The State Bank of Vietnam raised the reference exchange rate for the second consecutive day on April 5, setting the rate at 22,467 VND/USD, up 10 VND from the previous day.
Reference exchange rate continues to go up ảnh 1The State Bank of Vietnam raised the reference exchange rate for the second consecutive day on April 5. Illustrative image (​Photo: VNA)

Hanoi, (VNA) – The StateBank of Vietnam raised the reference exchange rate for the second consecutiveday on April 5, setting the rate at 22,467 VND/USD, up 10 VND from the previousday.

With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,145 VND/USD and the floor rate 21,801 VND/USD.

Meanwhile the opening hour ratesat major commercial banks were rather stable.

Both Vietcombank and BIDV kepttheir listed rates unchanged from April 4, at 22,775 VND/USD (buying) and22,845 VND/USD (selling).  

Vietinbank adjusted its rates up5 VND from the previous day, listing the buying rate at 22,777 VND/USD and theselling rate at 22,847 VND/USD. -VNA
VNA
#State Bank of Vietnam#reference exchange rate#trading band#ceiling rate#floor rate#commercial banks#Vietcombank#BIDV#Vietinbank#Vietnam forex market#Vietnam news#Vietnam News Agency
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