The State Bank of Vietnam kept the daily reference exchange rate on January 7 unchanged from the last working day of previous week (January 5) at 22,829 VND/USD.
With the current trading band of /- 3 percent, the ceiling rate applied by commercial banks for the day is 23,513 VND/USD and the floor rate is 22,145 VND/USD.
The transaction office of the State Bank of Vietnam also kept both rates unchanged from January 5 at 23,200 VND/USD (buying) and 23,464 VND/USD (selling).
The opening hour rates at commercial banks also stayed stable.
Vietcombank kept both rates unchanged from January 5, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD.
The rates at BIDV also stayed at the same levels as on January 5, at 23,155 VND/USD (buying) and 23,245 VND/USD (selling).
At Techcombank, both rates remained at 23,135 VND/USD (buying) and 23,245 VND/USD (selling), the same as on January 5.
In the first week of 2019 from January 2 to 5, the reference exchange rate for USD/VND followed the rising trend, gaining a total 4 VND.
The rates at commercial banks fluctuated throughout the week but ended the week not changing much. -VNA
Read original article here