Central rate increases 12 VND
The State Bank of Vietnam (SBV) on January 7 announced the central rate for the Vietnam dong and the US dollar at VND21,919 per USD, an increase of VND12 compared to January 6.
The central rate has increased a total of VND29 since its first application on January 4.
With the current +/- 3% VND/USD trading band, the ceiling exchange rate is VND22,576 per USD and the floor rate is 21,261 VND per USD. In commercial banks, the rate increased by VND10-20.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted the buying and selling rates at 22,450- 22,520 VND per USD, up VND10 against the previous day.
The Import Commercial Joint Stock Bank (Eximbank) raised the buying rate by VND10 and the selling rate by VND20, posting the exchange rate at VND22,430-VND22,520 per USD.
Meanwhile, the rates applied by the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) were unchanged, at 22,430 VND-22,545 VND per USD.
As usual on Thursday, the SBV also announced the foreign exchange rates between the Vietnam dong and other foreign currencies for export-import tax calculation. This announcement will take effect from January 7 to January 13.
With the current +/- 3% VND/USD trading band, the ceiling exchange rate is VND22,576 per USD and the floor rate is 21,261 VND per USD. In commercial banks, the rate increased by VND10-20.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted the buying and selling rates at 22,450- 22,520 VND per USD, up VND10 against the previous day.
The Import Commercial Joint Stock Bank (Eximbank) raised the buying rate by VND10 and the selling rate by VND20, posting the exchange rate at VND22,430-VND22,520 per USD.
Meanwhile, the rates applied by the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) were unchanged, at 22,430 VND-22,545 VND per USD.
As usual on Thursday, the SBV also announced the foreign exchange rates between the Vietnam dong and other foreign currencies for export-import tax calculation. This announcement will take effect from January 7 to January 13.