Reference exchange rate continues to go down

Reference exchange rate continues to go down


The State Bank of Vietnam set the daily reference exchange rate for the US dollar at VND/US$23,660 on December 2, down VND2 from the previous day.
Commercial banks raise US dollar price to as high as VND24,888 per dollar

Commercial banks raise US dollar price to as high as VND24,888 per dollar

Although the State Bank of Vietnam (SBV) has increased the operating interest rates by 0.5-1 percent from October 25 to reduce the pressure on the USD/VND exchange rate, which has increased sharply over the past time, the US dollar price in commercial banks is listed at the ceiling price of VND24,888 per dollar, within the range of +/-5 percent according to the regulations of the State Bank. 
Dollar exchange rates at commercial banks near VND24,000 per dollar

Dollar exchange rates at commercial banks near VND24,000 per dollar

The VND/USD reference exchange rate, on September 20, was increased by VND6 per US dollar by the State Bank of Vietnam compared to the previous day, to be listed at VND23,301 per US dollar. The US dollar price at commercial banks also climbed by VND15-VND30 per US dollar.
Reference exchange rate stays stable

Reference exchange rate stays stable

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at VND/US$23,192 on August 18, unchanged from the previous day.