Vietnam lowers reference exchange rate

Source: Xinhua| 2020-06-24 11:00:02|Editor: huaxia

HANOI, June 24 (Xinhua) -- The State Bank of Vietnam on Wednesday adjusted its daily reference exchange rate between Vietnamese dong and U.S. dollar down by 13 Vietnamese dong against Tuesday to 23,228 Vietnamese dong per U.S. dollar.

With the current trading band of plus or minus 3 percent, the ceiling exchange rate is 23,925 Vietnamese dong per U.S. dollar, and the floor rate is 22,531 Vietnamese dong per U.S. dollar, said the State Bank of Vietnam.

On Wednesday, foreign exchange rates at major commercial banks in Vietnam remained unchanged or went up slightly against the previous trading day. Bank for Investment & Development of Vietnam (BIDV) kept the rates at 23,130 Vietnamese dong per U.S. dollar for buying and 23,310 Vietnamese dong per U.S. dollar for selling. Meanwhile, Vietcombank raised the rates by 10 Vietnamese dong to 23,110 Vietnamese dong per U.S. dollar for buying and 23,320 Vietnamese dong per U.S. dollar for selling.

This week, the reference exchange rates have seen one up and one down with total magnitude of 7 Vietnamese dong and 13 Vietnamese dong, respectively. Enditem

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