Reference exchange rate stable at week’s beginning
The State Bank of Vietnam kept the daily reference exchange rate on August 6 unchanged from the last day of the previous week (August 3) at 22,676 VND/USD.
Hanoi (VNA) – The State Bank of Vietnam kept the dailyreference exchange rate on August 6 unchanged from the last day of the previousweek (August 3) at 22,676 VND/USD.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,355 VND/USD and the floor rate 21,997VND/USD.
The opening hour rates at commercial banks saw slight rises from August 3.
Vietcombank raised both rates by 10 VND, listing the buying rate at 23,260VND/USD and the selling rate at 23,340 VND/USD.
Meanwhile, both the rates at BIDV were adjusted up 20 VND to 23,260VND/USD (buying) and 23,340 VND/USD (selling).
The buying rate listed at Vietinbank also went up by 10 VND to 23,268VND/USD (buying) but the selling was kept unchanged from August 3 at 23,348 VND/USD.
The reference exchange rate was on a rising trend on the first two daysof the week from July 30 to August 3. It stood unchanged on Wednesday and wentdown on the next day before rising again on the last day of the week. Overall,the reference exchange rate has gained 17 VND during the week.
The rates listed at commercial banks saw mixed changes but overall, therates on Friday showed increases ranging from 20 to 50 VND compared to thebeginning of the week.-VNA
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Illustrative photo (Source: VNA) 
