US dollar price adjusted down at commercial banks

The VND-USD exchange rate was adjusted down at commercial banks on late morning of January 12.

At 11:00 am, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) posted its buying and selling prices at VND22,360- VND22,430 per US dollar, both down VND60 from the opening hour. 

Similarly at the Bank for Investment and Development of Vietnam (BIDV), the buying and selling rates were at VND22,380- VND22,450 per US dollar, both deceasing VND50 from the beginning of the day.


The Import Commercial Joint Stock Bank (Eximbank) lowered its buying rate by VND50 to VND22,350 per US dollar and itsselling rate by VND40 to VND22,440 per US dollar.

At the Vietnam Technological and Commercial Joint-stock Bank (Techcombank), the buying rate was down VND80 to VND 22,320 per US dollar and the selling rate was cut VND50 to 22,450 VND per US dollar.

Meanwhile, the State Bank of Vietnam (SBV) announced the central rate for the VND and the USD at VND21,913 per US dollar for January 12, an increase of 2 VND compared to the previous day.

With the current +/- 3% trading band for VND/USD, the ceiling exchange rate is VND22,570 per US dollar and the floor rate is VND21,256 per US dollar for January 12.
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