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Reference exchange rate resumes upward trend on week’s last day

The State Bank of Vietnam again raised the daily reference exchange rate on January 18 after adjusting it down on January 17, setting the rate at 22,862 VND/USD, up 7 VND from the previous day.
Reference exchange rate resumes upward trend on week’s last day ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – TheState Bank of Vietnam again raised the daily reference exchange rate on January18 after adjusting it down on January 17, setting the rate at 22,862 VND/USD,up 7 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is23,547 VND/USD and the floor rate is 22,177 VND/USD.

The opening hour rates atcommercial banks stayed stable, with no changes from the beginning of the week.

Vietcombank kept both ratesunchanged from January 17, listing the buying rate at 23,155 VND/USD and theselling rate at 23,245 VND/USD.

BIDV also maintained both ratesat the same levels as on January 17, listing the buying rate at 23,155 VND/USDand the selling rate at 23,245 VND/USD.

Both rates at Techcombankremained unchanged at 23,135 VND/USD (buying) and 23,245 VND/USD (selling).

This week (January 14 to 18), thedaily reference exchange rate followed an upward trend except for January 17. Therate gained a total 25 VND throughout the week.

Meanwhile, major commercialbanks kept their rates unchanged since the beginning of the week.-VNA
VNA

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