The daily reference exchange rate is set at 23,148 VND per USD on December 29 (Photo: VNA)
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,148 VND per USD onDecember 29, down 1 VND from the previous day.
With the current trading band of +/-3percent, the ceiling rate applied to commercial banks during the day is 23,842VND/USD and the floor rate, 22,454 VND/USD.
The opening hour rates at somecommercial banks stayed stable.
At 8:25 am, Vietcombank listed thebuying rate at 23,010 VND/USD and the selling rate at 23,220 VND/USD, unchangedfrom December 28.
BIDV also kept both rates unchanged,listing the buying rate at 23,035 VND/USD (buying) and 23,215 VND/USD(selling).
Meanwhile, the rates at Techcombankwere adjusted up 1 VND to 23,016 VND/USD (buying) and 23,216 VND/USD (selling)./.
The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.
Vietnam is working hard to build a stable and transparent investment and business environment, thus becoming a destination for international human and capital resources, so it would be unreasonable for the country to devaluate its currency, experts have said.
The State Bank of Vietnam set the daily reference exchange rate at 23,149 VND per USD on December 28, down 3 VND from the last working day of previous week (December 25).
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
The daily reference exchange rate is set at 23,148 VND per USD on December 29 (Photo: VNA) 
