Reference exchange rate up by VND4
The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,434/USD on August 3, up by VND4 from August 2.
With the current +/- 3% VND/USD trading band, the ceiling exchange rate is VND23,107 per USD and the floor rate is VND21,761 per USD.
Major commercial banks’ opening hour rates saw slight fluctuations.
Vietcombank offered VND22,695 (buying) and VND22,765 (selling), per USD, up by VND5 from the morning of August 2.
BIDV also posted the same rates as Vietcombank’s, with VND22,695 (buying) and VND22,765 (selling), per USD, up VND5.
Techcombank raised its buying and selling rates by VND5 to VND22,675 and VND22,775, per USD.