Reference exchange rate kept unchanged following New Year holiday
The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD.
The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD (Photo: VNA)
Hanoi (VNA) – TheState Bank of Vietnam kept the daily reference exchange rate on January 2unchanged from the last day before the New Year holiday (December 28) at 22,825VND/USD.
With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is23,509 VND/USD and the floor rate is 22,141 VND/USD.
The transaction office of theState Bank of Vietnam maintained the same buying rate as on December 28 at22,700 VND/USD but added 21 VND to the selling rate, listing it at 23,460VND/USD.
Meanwhile, the opening hourrates at commercial banks followed the falling trend from last week.
Vietcombank cut both rates by 15VND, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245VND/USD.
The rates at BIDV went down by 15VND to 23,150 VND/USD (buying) and 23,240 VND/USD (selling).
At Techcombank, the buying ratedecreased by 20 VND to 23,120 VND/USD and the selling rate by 10 VND to 23,245VND/USD.
Last week (December 24-28), thedaily reference exchange rate followed a rising trend for most of the weekexcept for Tuesday. It gained a total 35 VND in the week.
The rates at commercial banks fluctuatedduring the first days of the week but dropped sharply in the week’s last twodays.-VNA
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The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD (Photo: VNA) 
