Reference exchange rate down sharply at week’s beginning

The State Bank of Vietnam adjusted the daily reference exchange rate on January 28 down sharply to 22,858 VND/USD, a reduction of 25 VND from the last working day of previous week (January 25).
Reference exchange rate down sharply at week’s beginning ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The StateBank of Vietnam adjusted the daily reference exchange rate on January 28 downsharply to 22,858 VND/USD, a reduction of 25 VND from the last working day of previousweek (January 25).

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,543VND/USD and the floor rate is 22,173 VND/USD.

The opening hour rates atcommercial banks continued to stay stable.

 Vietcombank listed the buying rate at 23,145VND/USD and the selling rate at 23,235 VND/USD, unchanged from January 25.

BIDV also kept both rates at thesame levels as on January 25 at 23,155 VND/USD (buying) and 23,245 VND/USD(selling).

Both rates at Techcombank alsoremained unchanged at 23,125 VND/USD (buying) and 23,240 VND/USD (selling).

Last week (January 21 to 25),the daily reference exchange rate kept rising throughout the week except forThursday. It gained a total 10 VND during the week.

Meanwhile, the rates listed bycommercial banks saw no changes from the beginning of the week.-VNA
VNA

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