Reference exchange rate up 5 VND

The State Bank of Vietnam set the daily reference exchange rate on January 11 at 22,835 VND/USD.(Photo: Vietcombank)

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,519 VND/USD and the floor rate is 22,151 VND/USD.

The buying rate listed at the transaction office of the State Bank of Vietnam dropped by 5 VND from January 10 to 23,200 VND/USD and the selling rate stayed at 23,465 VND/USD.

The opening hour rates at commercial banks stayed stable. 

Vietcombank kept both rates unchanged from January 10, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD. 

BIDV maintained both rates at the same levels as on January 10, listing the buying rate at 23,150 VND/USD and the selling rate at 23,240 VND/USD. 

Both rates at Techcombank also remained unchanged at 23,135 VND/USD (buying) and 23,245 VND/USD (selling).

The daily reference exchange rate fluctuated during the week from January 7-11, gaining a total 6 VND.

The rates at commercial banks saw slight mixed fluctuations but ending the week not changing much from the week’s beginning.