Central bank's reference rate falls again
The State Bank of Vietnam (SBV) on January 29 announced its reference rate of VND21,881 per US dollar.
The new rate fell by VND5, compared with the previous day, to touch the lowest level since the SBV applied the central rate early this month.
This was the fourth consecutive fall of the central exchange rate this week, with a total reduction of 29 dong.Commercial banks are allowed to apply the ceiling rate of VND22,537 and the floor rate of VND21,224 on January 28, with a margin of +/-three percent from the SBV's reference rate.
The prices of the green note transacted at the bank fell by VND105 in this week and by VND255 compared to January 4 when the reference rate was applied first time.
The dollar buying and selling rates at Eximbank were VND22,190 and VND22,280, VND30 lower than the day before.
Meanwhile, Techcombank kept its buying and selling rates at VND22,200 and VND22,360 for the US dollar listed on January 28.