The State Bank of Vietnam set the daily reference exchange rate at 22,895 VND per USD on February 11, the first day after the 9-day Tet holiday, up 28 VND from the final working day before Tet (February 1).
The State Bank of Vietnam set the daily reference exchange rate at 22,895 VND per USD on February 11, the first day after the 9-day Tet holiday (Photo: VNA)
Hanoi (VNA) – The StateBank of Vietnam set the daily reference exchange rate at 22,895 VND per USD onFebruary 11, the first day after the 9-day Tet holiday, up 28 VND from thefinal working day before Tet (February 1).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,570 VND/USD and the floor rate 22,200 VND/USD.
Meanwhile, the opening hour ratesat commercial banks reduced slightly.
Vietcombank cut both rates by 10VND compared to February 1, listing the buying rate at 23,150 VND/USD and theselling rate at 23,240 VND/USD.
BIDV kept both rates unchangedat 23,155 VND/USD (buying) and 23,245 VND/USD.
The buying rate at Techcombankalso dropped by 10 VND to 23,130 VND/USD, while the selling rate stayedunchanged at 23,250 VND/USD.
During the week before Tet(January 28 to February 1), the reference exchange rate went down sharply atthe week’s beginning, stayed unchanged on the next day but up again onWednesday. It was kept stable on Thursday and revised down 1 VND on the lastday of the week.
The rates listed at commercial bankssaw only slight fluctuations throughout the week.-VNA
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The State Bank of Vietnam set the daily reference exchange rate at 22,895 VND per USD on February 11, the first day after the 9-day Tet holiday (Photo: VNA) 
