Reference exchange rate up 11 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,177 VND/USD on August 23, up 11 VND from the last working day of previous week (August 20).
Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 23,177 VND/USD on August 23, up 11 VND from the lastworking day of previous week (August 20).
With the current trading band of +/- 3 percent, the ceiling rateapplied to commercial banks during the day is 23,872 VND/USD and the floor rate22,481 VND/USD.
The rates listed by commercial banks saw slight increases.
At 8:25am, Vietcombank listed the buying rate at 22,695 VND/USDand the selling rate at 2,925 VND/USD, both up 10 VND from August 20.
BIDV increased both rates by 5 VND to 22,725 VND/USD (buying)and 22,925 VND/USD (selling).
Vietinbank kept both rates unchanged at 22,702 VND/USD (buying)and 22,922 (selling) ./.
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Illustrative image (Photo: VNA) 
