Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,204 VND per USD onAugust 19, down 5 VND from the previous day.
With the current trading band of +/-3percent, the ceiling rate applied to commercial banks during the day is 23,900VND/USD and the floor rate, 22,508 VND/USD.
The opening hour rates at commercialbanks stayed stable.
At 8:15 am, Vietcombank listed thebuying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, bothunchanged from the previous day.
BIDV also kept both rates unchanged,listing at 23,085 VND/USD (buying) and 23,265 VND/USD (selling)./.
The State Bank of Vietnam set the daily reference exchange rate at 23,214 VND per USD on August 17, up 2 VND from the last working day of the previous week (August 14).
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
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The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Illustrative photo (Source: VNA) 
