Reference exchange rate adjusted up at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,147 VND per USD on January 25, up 10 VND from the last working of previous week (January 22).
The daily reference exchange rate is set at 23,147 VND per USD on January 25 (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the dailyreference exchange rate at 23,147 VND per USD on January 25, up 10 VND from the last working of previous week (January 22).
With the currenttrading band of +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,841 VND/USD and the floor rate, 22,453 VND/USD.
The opening hour rates at some commercialbanks stayed stable.
At 8:25 am,Vietcombank listed the buying rate at 23,955 VND/USD and the selling rate at23,165 VND/USD, both unchanged from January 22.
BIDV also kept both rates unchanged at 22,975VND/USD (buying) and 23,175 VND/USD (selling).
Similarly, Vietinbank maintained the same rates as on January 22, at 22,925 VND/USD (buying) and 23,172 VND/USD (selling).
During the week from January 18 to 22, the daily referenceexchange rate fluctuated but ended the week down 4 VND./.
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The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
The daily reference exchange rate is set at 23,147 VND per USD on January 25 (Photo: VNA) 
