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Reference exchange rate down 5 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,236 VND per USD on April 5, down 5 VND from the last working day of previous week (April 2).
Reference exchange rate down 5 VND at week’s beginning ảnh 1The daily reference exchange rate was set at 23,236 VND per USD on April 5 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 23,236 VND per USD on April 5, down 5 VND from thelast working day of previous week (April 2).

With the current trading band of +/-3 percent, the ceiling rateapplied to commercial banks during the day is 23,932 VND/USD and the floor rate22,542 VND/USD.

Therates listed at commercial banks remained stable or saw only slight changes.

At 8:25 am, Vietcombank listed the buying rate at 22,950 VND/USDand the selling rate 23,160 VND/USD, unchanged from April 2.

Vietinbank also kept both rates unchanged at 22,925 VND/USD(buying) and 23,175 VND/USD (selling).

BIDV added 5 VND to both rates, listed the buying rate at 22,975VND/USD and the selling rate 23,175 VND/USD.

During the week fromMarch 29 to April 2, the daily reference exchange rate followed an upward trendin the first three days then turned around to go down on the last two days. Itended the week 5 VND higher than at the week’s beginning.

𒁃 Therates at commercial banks fluctuated but ended the week generally down from theopening of the week./.

VNA

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