Reference exchange rate turns around to rise on February 22
The daily reference exchange rate on February 22 reversed the week’s downward trend to rise 3 VND to 22,906 VND per USD.
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| Illustrative image (Source: VNA) |
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,593 VND/USD and the floor rate 22,201 VND/USD.
The opening hour rates at commercial banks also saw slight increases from February 21.
Vietcombank added 10 VND to both rates, listing the buying rate at 23,160 VND/USD and the selling rate at 23,260 VND/USD.
At BIDV, both rates went up by 5 VND to 23,155 VND/USD (buying) and 23,255 VND/USD (selling).
Techcombank raised both rates by 10 VND to 23,140 VND/USD (buying) and 23,260 VND/USD (selling).
During the week from February 18 to 22, the reference exchange rate followed a downward trend for the first four working days but rose on the last day. Overall, the rate reduced by 7 VND during the week.
The rates listed at commercial banks were stable throughout the week, but picked up slightly on the last day.
