Reference exchange rate up 5 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,105 VND/USD on April 7, up 5 VND from the previous day.

Illustrative photo

With the current trading band of  +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,798 VND/USD and the floor rate 22,411 VND/USD.

The opening-hour rates at commercial banks remained stable.

At 8:30 am, Vietcombank listed the buying rate at 22,700 VND/USD and the selling rate at 23,010 VND/USD, unchanged from the closing-hour rates on April 6.

Similarly, BIDV also kept both rates unchanged, listing at 22,725 VND/USD (buying) and 23,005 VND/USD (selling)./.

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