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Reference exchange rate down sharply at week’s beginning
VietnamPlus - 1/28/2019 11:03:30 AM
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The State Bank of Vietnam adjusted the daily reference exchange rate on January 28 down sharply to 22,858 VND/USD, a reduction of 25 VND from the last working day of previous week (January 25).
 
With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,543 VND/USD and the floor rate is 22,173 VND/USD.
 
The opening hour rates at commercial banks continued to stay stable. 
 
 Vietcombank listed the buying rate at 23,145 VND/USD and the selling rate at 23,235 VND/USD, unchanged from January 25.
 
BIDV also kept both rates at the same levels as on January 25 at 23,155 VND/USD (buying) and 23,245 VND/USD (selling). 
 
Both rates at Techcombank also remained unchanged at 23,125 VND/USD (buying) and 23,240 VND/USD (selling).
 
Last week (January 21 to 25), the daily reference exchange rate kept rising throughout the week except for Thursday. It gained a total 10 VND during the week. 
 
Meanwhile, the rates listed by commercial banks saw no changes from the beginning of the week.-VNA
 
Read original article here
 
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