The State Bank of Vietnam set the daily reference exchange rate at VND 23,125 per US$ on February 22. (Photo: VNA)
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks on the day is 23,819 VND/USD and the floor rate 22,431 VND/USD.The rates listed at commercial banks saw slight fluctuation. At 8:25 am, Vietcombank listed the buying rate at 22,900 VND/USD, and the selling rate 23,110 VND/USD, unchanged from February 19. Similarly, the rates at Vietinbank were maintained unchanged at 22,875 VND/USD (buying) and 23,122 VND/USD (selling). Meanwhile, BIDV added VND15 to both rates, listing the buying rate at 22,925 VND/USD and the selling rate at 23,124 VND/USD. Last week, the reference exchange rate was adjusted down on February 17, the first working day after the week-long Tet holiday, but up on the following days.
