Reference exchange rate down on first day after Tet

The State Bank of Vietnam set the daily reference exchange rate at 22,423 VND/USD on February 21, the first working day after the week-long Lunar New Year holiday, down 15 VND from the last day before Tet (February 13).

Wednesday, February 21, 2018 09:05

Reference exchange rate down on first day after Tet ảnh 1

Illustrative image (Photo: VNA)

Hanoi, (VNA) – The StateBank of Vietnam set the daily reference exchange rate at 22,423 VND/USD onFebruary 21, the first working day after the week-long Lunar New Year holiday,down 15 VND from the last day before Tet (February 13).

With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,096 VND/USD and the floor rate 21,752 VND/USD.

The opening hour rates at majorcommercial banks saw slight fluctuations.

Vietcombank listed the buyingrate at 22,665 VND/USD and the selling rate at 22,735 VND/USD, both down 5 VNDfrom February 13.

Both the rates listed atVietinbank went down 8 VND to 22,660 VND/USD (buying) and 22,730 VND/USD(selling).

Meanwhile, BIDV raised bothrates by 10 VND to 22,670 VND/USD (buying) and 22,740 VND/USD.-VNA

VNA

#State Bank of Vietnam #daily reference exchange rate #trading band #ceiling rate #floor rate #opening hour rates #Vietcombank #Vietinbank #BIDV #buying rate #selling rate #Vietnam news #Vietnam News Agency

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