Business

Reference exchange rate up 8 VND after holiday

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,227 VND/USD on September 5, up 8 VND from the last working day before the four-day National Day holiday (August 31).
Reference exchange rate up 8 VND after holiday ảnh 1The daily reference exchange rate for the US dollar is set at 23,227 VND/USD on September 5. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnamset the daily reference exchange rate for the US dollar at 23,227 VND/USD on September5, up 8 VND from the last working day before the four-day National Day holiday(August 31).

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,923 VND/USDand the floor rate 22,530 VND/USD.

The opening-hour rates at many commercial banks stayedstable.

Vietcombank listed the buying rate at 23,290VND/USD and the selling rate at 23,600 VND/USD, unchanged from August 31.

BIDV also kept both rates unchanged at 23,320VND/USD (buying) and 23,600 VND/USD (selling).

In the week from August 29-31 before theNational Day holiday from September 1-4, the daily reference exchange rate wasadjusted up on the first two days and down on the third day, ending the week up8 VND./. 
VNA
#daily reference exchange rate#State Bank of Vietnam#commercial banks#USD/VND exchange rate#Vietnam's monetary policy#Vietcombank#BIDV#updated Vietnam news#Vietnamplus#Vietnam News Agency
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