Reference exchange rate up 7 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,160 VND/USD on August 15, up 10 VND from the last working day of previous week (August 12).
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,160VND/USD on August 15, up 10 VND from the last working day of previous week(August 12).
With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,855 VND/USDand the floor rate 22,465 VND/USD.
The opening-hour rates at many commercial banksstayed stable.
At 8:30 am, BIDV listed the buying rate at 23,255VND/USD and the selling rate at 23,535 VND/USD, both unchanged from the end ofAugust 12.
Vietcombank also kept both rates unchanged at23,220 VND/USD (buying) and 23,530 VND/USD (selling).
During the week from August 8-12, the dailyreference exchange rate for the US dollar mostly followed a downward trend,except for Tuesday (August 9). It ended the week down 22 VND./.
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Illustrative image (Source: VNA) 
