Reference exchange rate down on first day after Tet
The State Bank of Vietnam set the daily reference exchange rate at 22,423 VND/USD on February 21, the first working day after the week-long Lunar New Year holiday, down 15 VND from the last day before Tet (February 13).
Hanoi, (VNA) – The StateBank of Vietnam set the daily reference exchange rate at 22,423 VND/USD onFebruary 21, the first working day after the week-long Lunar New Year holiday,down 15 VND from the last day before Tet (February 13).
With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,096 VND/USD and the floor rate 21,752 VND/USD.
The opening hour rates at majorcommercial banks saw slight fluctuations.
Vietcombank listed the buyingrate at 22,665 VND/USD and the selling rate at 22,735 VND/USD, both down 5 VNDfrom February 13.
Both the rates listed atVietinbank went down 8 VND to 22,660 VND/USD (buying) and 22,730 VND/USD(selling).
Meanwhile, BIDV raised bothrates by 10 VND to 22,670 VND/USD (buying) and 22,740 VND/USD.-VNA
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Illustrative image (Photo: VNA) 
