Business

Reference exchange rate up by 6 VND

The State Bank of Vietnam announced its reference VND/USD exchange rate on August 16 at 22,450 VND/USD, up by 6 VND from the day ago.
Reference exchange rate up by 6 VND ảnh 1The reference VND/USD exchange rate on August 16 is set at 22,450 VND/USD (Photo: VNA)

Hanoi(VNA) – The State Bank of Vietnam announced its reference VND/USD exchange rateon August 16 at 22,450 VND/USD, up by 6 VND from the day ago.

With the current  +/- 3 percent VND/USD trading band, the ceiling exchange rateis 23,123 VND per USD and the floor rate is 21,777 VND per USD.

Major commercial banks kept their rates quite stable.

Vietcombank listed 22,690 VND (buying) and 22,760 VND (selling), per USD, unchangedfrom the day ago.

[Interest rate’s decline supported from various factors]

BIDV also offered the same rates as Vietcombank’s, with 22,690 VND (buying) and22,760 VND (selling), per USD, down by 5 VND from August 15.

Techcombank adjustedits buying rate down by 10 VND to 22,670 VND and its selling rate down by 5 VNDto 22,770 VND, per USD.-VNA
VNA
#State Bank of Vietnam#reference VND/USD exchange rate#VND/USD trading band#ceiling exchange rate#floor exchange rate#updated Vietnam news#Vietnamplus#Vietnam News Agency
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