The daily reference exchange rate was increased by 10 VND to 22,868 VND/USD on January 30 (Photo: VNA)
Hanoi (VNA) – TheState Bank of Vietnam adjusted the daily reference exchange rate up 10 VND to22,868 VND/USD on January 30.
With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,554VND/USD and the floor rate is 22,182 VND/USD.
The opening hour rates atcommercial banks continued to stay stable.
Vietcombank listed the buyingrate at 23,150 VND/USD and the selling rate at 23,240 VND/USD, unchanged fromJanuary 29.
BIDV also kept both rates at thesame levels as on January 29 at 23,155 VND/USD (buying) and 23,245 VND/USD(selling).
Both rates at Techcombank alsoremained unchanged at 23,130 VND/USD (buying) and 23,240 VND/USD (selling).-VNA
The State Bank of Vietnam (SBV)’s Operations Centre has decided to adjust the reference exchange rate of the VND against the USD for the first time since February 2018.
The country net purchased over 6 billion USD in 2018 to raise its foreign exchange reserves, the State Bank of Vietnam (SBV) reported at a meeting in Hanoi on January 9 to launch tasks for the banking sector this year.
The State Bank of Vietnam (SBV) has so far this year bought more than 1 billion USD from commercial banks to build up the nation’s foreign currency reserves.
The State Bank of Vietnam adjusted the daily reference exchange rate on January 28 down sharply to 22,858 VND/USD, a reduction of 25 VND from the last working day of previous week (January 25).
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The daily reference exchange rate was increased by 10 VND to 22,868 VND/USD on January 30 (Photo: VNA) 
