Business

Reference exchange rate up VND5 at week’s beginning

VNA
The State Bank of Vietnam set the daily reference exchange rate at VND23,141 per USD on January 18, up VND5 from the last working day of previous week (January 15).

The State Bank of Vietnam set the daily reference exchange rate at VND23,141  per USD on January 18. (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate at VND23,141 per USD on January 18. (Photo: VNA)

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,835 VND/USD and the floor rate, 22,447 VND/USD.
The opening hour rates at some commercial banks either stayed unchanged or saw only slight adjustments.
At 8:25 am, Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at 23,160 VND/USD, both unchanged from January 15.
Similarly, BIDV also kept both rates unchanged, listing the buying rate at 22,960 VND/USD and the selling rate at 23,160 VND/USD.
Meanwhile, Vietinbank adjusted the buying rate up VND12  to 22,925 VND/USD and the selling rate up VND8 to 23,168 VND/USD (selling).
During the week from January 11-15, the daily reference exchange rate fluctuated variably, but ending the week VND9 higher than at the week’s beginning.

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