Reference exchange rate kept unchanged following New Year holiday

03-Jan-2019 Intellasia | VNA | 6:00 AM Print This Post

The State Bank of Vietnam kept the daily reference exchange rate on January 2 unchanged from the last day before the New Year holiday (December 28) at 22,825 VND/USD.

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,509 VND/USD and the floor rate is 22,141 VND/USD.

The transaction office of the State Bank of Vietnam maintained the same buying rate as on December 28 at 22,700 VND/USD but added 21 VND to the selling rate, listing it at 23,460 VND/USD.

Meanwhile, the opening hour rates at commercial banks followed the falling trend from last week.

Vietcombank cut both rates by 15 VND, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD.

The rates at BIDV went down by 15 VND to 23,150 VND/USD (buying) and 23,240 VND/USD (selling).

At Techcombank, the buying rate decreased by 20 VND to 23,120 VND/USD and the selling rate by 10 VND to 23,245 VND/USD.

Last week (December 24-28), the daily reference exchange rate followed a rising trend for most of the week except for Tuesday. It gained a total 35 VND in the week.

The rates at commercial banks fluctuated during the first days of the week but dropped sharply in the week’s last two days.


Category: Finance, Vietnam

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