Reference exchange rate up VND1 at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,107 VND/USD on April 18, up VND1 from the last working day of previous week (April 15).
Reference exchange rate up VND1 at week’s beginning ảnh 1 The daily reference exchange rate for the US dollar is set at 23,107 VND/USD on April 18. (Photo: VNA)
With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,800 VND/USD and the floor rate 22,413 VND/USD.
The opening-hour rates at commercial banks saw slight fluctuations.
At 8:30 am, Vietcombank listed the buying rate at 22,730 VND/USD and the selling rate at 23,040 VND/USD, both unchanged from April 15.
BIDV added VND5  to both rates, listing the buying rate at 22,760 VND/USD and the selling rate at 23,040 VND/USD.
During the week from April 12-15 (April 11 was a holiday), the reference exchange rate fluctuated in different directions and ended the week down VND2.

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