Reference exchange rate adjusted down for second day on August 9

August 09, 2019 | 17:21

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The daily reference exchange rate was set at 23,102 VND per USD on August 9, down 5 VND from the previous day (August 8).

reference exchange rate adjusted down for second day on august 9

Illustrative image (Photo: VNA)

This is the second consecutive day the rate has been adjusted down after rising for three days in a row since the beginning of the week.

With the current trading band of /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,795 VND per USD and the floor rate at 22,409 VND/USD.

The opening hour rates at commercial banks stayed stable.

At 8:15 am, Vietcombank listed the buying rate at 23,160 VND/USD and the selling rate at 23,280 VND/USD, unchanged from the same time on August 8.

Techcombank also kept both rates unchanged from August 8, with the buying rate at 23,140 VND/USD and the selling rate at 23,280 VND/USD.

Meanwhile, the rates at BIDV went down 10 VND to 23,150 VND/USD (buying) and 23,270 VND/USD (selling).

During the week from August 5 to August 9, the reference exchange rate was adjusted up on the first three days then turned around to drop on the last two days. The rate ended the week 2 VND higher than the week’s beginning.

The rates listed at commercial banks fluctuated during the week but ended the week mostly at the same levels on Monday (August 5).

VNA

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