Reference exchange rate down despite gold price soaring

10:54 | 07/08/2020
The State Bank of Vietnam set the daily reference exchange rate at 23,200 VND per USD on August 7, down 3 VND from the previous day.
reference exchange rate down despite gold price soaring
Illustrative image (Photo: VNA)

Hanoi - The State Bank of Vietnam set the daily reference exchange rate at 23,200 VND per USD on August 7, down 3 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,896 VND/USD and the floor rate, 22,503 VND/USD.

The opening hour rates at commercial banks remained unchanged as compared to the same time of August 6.

At 8:30 am, Vietcombank kept both rates unchanged from the previous day at 23,060 VND/USD (buying) and 23,270 VND/USD (selling).

Meanwhile, BIDV listed two rates at 23.085 - 23.265 VND/USD (buying-selling), unchanged from August 6.

Techcombank also kept both rates the same at 23,066 VND/USD (buying) and 23,266 VND/USD (selling).

VNA

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