The daily reference exchange rate on April 27 is set at 22,539 VND/USD. (Photo: hanoimoi.com.vn)
Hanoi (VNA) - The State Bank of Vietnam continued to raise thedaily reference exchange rate on April 27, setting it at 22,539 VND/USD, up 17VND from April 26.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,232 VND/USD and the floor rate 21,788VND/USD.
Meanwhile, the opening hour rates at major commercial banks stayedstable or dropped slightly.
BIDV kept both rates unchanged from April 26, listing the buying rate at22,735 VND/USD and the selling rate at 22,805 VND/USD.
Vietinbank also maintained the same rates as on April 26, at 22,732VND/USD (buying) and 22,802 VND/USD (selling).
Meanwhile, Vietcombank cut both rates by 5 VND, with the buying ratetoday standing at 22,730 VND/USD and the selling rate at 22,800 VND/USD.
The daily reference exchange rate has been on an upward trend this week,rising from 22,507 VND/USD on Monday to 22,539 VND/USD on Friday.
However, the rates listed at major commercial banks were rather stable, withthe buying rate fluctuating from 22,730 VND/USD to 22,740 VND/USD, and theselling rate hovering around 22,805 VND/USD. -VNA
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The daily reference exchange rate on April 27 is set at 22,539 VND/USD.
