Business

Reference exchange rate down on first day after Tet holiday

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,081 VND/USD on February 7, the first working day after the 9-day Tet holiday, down 18 VND from the day just before the holiday (January 28).
Reference exchange rate down on first day after Tet holiday ảnh 1The daily reference exchange rate for the US dollar is set at 23,081 VND/USD on February 7. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate for the US dollar at 23,081 VND/USD on February 7, the firstworking day after the 9-day Tet holiday, down 18 VND from the day just before theholiday (January 28).

With the current trading band of +/-3 percent, the ceiling rateapplicable for commercial banks during the day is 23,773 VND/USD and the floorrate 22,388 VND/USD.

The opening-hour rates at commercial banks fluctuated variably.

At 8:30am, Vietcombank listed the buying rate at 22,480 VND/USD  and the selling rate  22,790 VND/USD, both up 10 VND from January28.  

Meanwhile, BIDV reduced both rates by 10 VND to 22,500 VND/USD (buying) and 22,780 VND/USD (selling)./.
VNA
#State Bank of Vietnam#daily reference exchange rate#commercial banks#USD/VND exchange rate#Vietnam's monetary policy#updated Vietnam news#Vietnamplus#Vietnam News Agency
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