The daily reference exchange rate was set at 22,988 VND/USD on April 8 (Photo: VNA)
Hanoi (VNA) - The dailyreference exchange rate was set at 22,988 VND/USD on April 8, unchanged fromthe last working day of previous week (April 5).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,675 VND/USD and the floor rate 22,299 VND/USD.
The opening hour rates at commercial bankscontinued to stay stable.
As of 8:15 am, both Vietcombankand BIDV listed the buying rate at 23,150 VND/USD and the selling rate at23,250 VND/USD, the same rates as on April 5.
Techcombank also maintained thesame rates as on April 5, at 23,130 VND per USD (buying) and 23,250 VND/USD(selling).
During the week from April 1-5,the daily reference exchange rate opened the week down but was then advised upon Wednesday. It turned around to drop on the next day only to go up again onFriday. Overall, the rate gained a total 12 VND over the week.
Meanwhile, the opening hourrates at commercial banks stayed stable throughout the week.-VNA
The Vietnamese dong would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the dong and the US dollar as well as the stability of the Chinese yuan, experts said.
Since the beginning of the year, the State Bank of Vietnam has been increasing the reference rate of the dong against the US dollar, and the Vietnamese currency has appreciated 0.43 percent as a result.
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