Reference exchange rate turns around to rise on August 23
The State Bank of Vietnam adjusted the daily reference exchange rate up by 4 VND to 22,678 VND/USD on August 23, a turnaround after three straight days of reduction.
Hanoi (VNA) – The State Bank of Vietnam adjusted the dailyreference exchange rate up by 4 VND to 22,678 VND/USD on August 23, aturnaround after three straight days of reduction since the beginning of this week.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,358 VND/USD and the floor rate 21,998VND/USD.
The opening hour rates at commercial banks saw mixed fluctuations.
Vietcombank added 20 VND to both rates, listing the buying rate at23,240 VND/USD and the selling rate at 23,320 VND/USD.
BIDV kept both rates unchanged at 23,230 VND/USD (buying) and 23,310VND/USD (selling).
Meanwhile, Vietinbank slashed 6 VND from both rates, buying the greenback at 23,226 VND/USD and selling at 23,306 VND/USD.-VNA
The State Bank of Vietnam adjusted the daily reference exchange rate down 5 VND to 22,684 VND/USD on the first day of the week (August 20), continuing the downward trend from August 17.
The State Bank of Vietnam continued to adjust the daily reference exchange rate down on August 21, setting the rate at 22,679 VND/USD, 5 VND lower than the rate on the previous day.
The State Bank of Vietnam continued to adjust the daily reference exchange rate down for the third straight day, setting the rate at 22,674 VND/USD on August 22, 5 VND lower than the rate on the previous day.
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Transactions at BIDV (Photo: VNA) 
