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Reference exchange rate down 3 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,238 VND per USD on April 20, down 3 VND from the last working day of previous week (April 17).
Reference exchange rate down 3 VND at week’s beginning ảnh 1The daily reference exchange rate was set at 23,238 VND per USD on April 20 (Photo: VNA)

Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,238 VND per USD on April 20,down 3 VND from the last working day of previous week (April 17).

 With the current trading bandof +/-3 percent, the ceiling rate applied to commercial banks during the day is23,935 VND/USD and the floor rate 22,540 VND/USD.

 The opening hour rates at commercial banks sawslight increases.

 At 8:25 am, BIDV was listingthe buying rate at 23,350 VND/USD and the selling rate at 23,530 VND/USD, bothup 15 VND from April 17.

At Techcombank, both the rates went upby 5 VND to 23,335 VND/USD (buying), and 23,535 VND/USD (selling).

Meanwhile, Vietcombank kept both ratesunchanged at 23,300 VND/USD (buying), and 23,510 VND/USD (selling).

During the week from April 13-17, thereference exchange rate was adjusted down on Monday but then followed theupward trend towards the end of the week, gaining a total 25 VND.

The rates at commercial banks fluctuatedduring the week, but ended the week generally higher./.
VNA

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