Reference exchange rate rises at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for December 24, the first day of the week, at 22,790 VND per USD, up 5 VND from the rate at the end of last week (December 21).
Reference exchange rate rises at week’s beginning ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) - TheState Bank of Vietnam set the daily reference exchange rate for December 24,the first day of the week, at 22,790 VND per USD, up 5 VND from the rate at theend of last week (December 21).

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks for the day is 23,473VND/USD and the floor rate is 22,107 VND/USD.

The transaction office of theState Bank of Vietnam kept the buying rate unchanged from December 21 at 22,700VND/USD (buying) and raised the selling rate by 5 VND to 23,424 VND/USD(selling).

The opening hour rates listed atcommercial banks also saw slight increases.

Vietcombank added 5 VND to bothrates, listing the buying rate at 23,240 VND/USD and the selling rate at 23,330VND/USD.

Both rates at Techcombank also wentup by 5 VND to 23,220 VND/USD (buying) and 23,330 VND/USD (selling).

 The rates listed by BIDV remained the same ason December 21, at 23,235 VND/USD (buying) and 23,325 VND/USD (selling).

 Last week (December 17-21), the dailyreference exchange rate rose on the first two days then turned around to dropon Wednesday and stayed stable towards the end of the week. By the end of theweek, the daily reference exchange rate gained a total 2 VND.

 The rates at commercial banks followed thesame pattern, going up on the first two days of the week and then dropping onthe remaining days. -VNA
VNA

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