Hanoi (VNA) - The daily referenceexchange rate was set at 23,102 VND per USD on August 9, down 5 VND from theprevious day (August 8).
This is the second consecutiveday the rate has been adjusted down after rising for three days in a row sincethe beginning of the week.
With the current trading band of/- 3 percent, the ceiling rate applied to commercial banks during the day is23,795 VND per USD and the floor rate at 22,409 VND/USD.
The opening hour rates at commercial banks stayedstable.
At 8:15 am, Vietcombank listedthe buying rate at 23,160 VND/USD and the selling rate at 23,280 VND/USD, unchangedfrom the same time on August 8.
Techcombank also kept both rates unchangedfrom August 8, with the buying rate at 23,140 VND/USD and the selling rate at23,280 VND/USD.
Meanwhile, the rates at BIDVwent down 10 VND to 23,150 VND/USD (buying) and 23,270 VND/USD (selling).
During the week from August 5 to August 9,the reference exchange rate was adjusted up on the first three days then turnedaround to drop on the last two days. The rate ended the week 2 VND higher thanthe week’s beginning.
The rates listed at commercial banks fluctuatedduring the week but ended the week mostly at the same levels on Monday (August5).-VNA
The State Bank of Vietnam set the reference exchange rate at 23,107 VND per USD in the morning of August 8, down 10 VND from the same time on the previous day.
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Illustrative image (Photo: VNA) 
