The State Bank of Vietnam on Thursday lowered its daily reference exchange rate between Vietnamese dong and U.S. dollar by 1 Vietnamese dong against Wednesday to 23,220 Vietnamese dong per U.S. dollar.
With the current trading band of plus or minus 3 percent, the ceiling exchange rate is 23,917 Vietnamese dong per U.S. dollar, and the floor rate is 22,523 Vietnamese dong per U.S. dollar, said the State Bank of Vietnam.
On Thursday, foreign exchange rates at major commercial banks in Vietnam remained unchanged against the previous trading day. Vietcombank kept the rates at 23,060 Vietnamese dong per U.S. dollar for buying and 23,270 Vietnamese dong per U.S. dollar for selling. Meanwhile, BIDV maintained the rates at 23,090 Vietnamese dong per U.S. dollar for buying and 23,270 Vietnamese dong per U.S. dollar for selling.
This week, the reference exchange rates have seen four downs with total magnitude of 15 Vietnamese dong.