Reference exchange rate stays stable

The State Bank of Vietnam kept the daily reference exchange rate for December 21 unchanged for the second consecutive day at 22,785 VND per USD.
Reference exchange rate stays stable ảnh 1The daily reference exchange rate is kept at 22,785 VND per USD on December 21 (Photo: VNA)

Hanoi (VNA) - The StateBank of Vietnam kept the daily reference exchange rate for December 21unchanged for the second consecutive day at 22,785 VND per USD.

With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks for the day is 23,467 VND/USD and the floor rate is 22,103VND/USD.

The transaction office of theState Bank of Vietnam also maintained both rates at the same level as onDecember 20 at 22,700 VND/USD (buying) and 23,419 VND/USD (selling).

The opening hour rates listed atcommercial banks saw strong reductions compared to December 20.

Vietcombank cut 30 VND from bothrates, listing the buying rate at 23,235 VND/USD and the selling rate at 23,325VND/USD.

Both rates at Techcombank alsodropped by 30 VND to 23,215 VND/USD (buying) and 23,325 VND/USD (selling).

The rates listed by BIDV went down by 35 VNDto 23,235 VND/USD (buying) and 23,325 VND/USD (selling).

This week (December 17-21), thedaily reference exchange rate rose on the first two days then turned around todrop on Wednesday and stayed stable towards the end of the week. By the end ofthe week, the daily reference exchange rate gained a total 2 VND.

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

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