VND reference exchange rate drops on August 29, 2017

The State Bank of Vietnam set the daily reference VND/USD exchange rate on August 29 at VND22,438 per USD, down VND5 from the previous day.

With the current trading band of +/-3%, the ceiling rate applied for commercial banks during the day is VND23,111 and the floor rate VND21,765 per USD.

The opening hour rates at major commercial banks saw almost no change from August 28.

Both Vietcombank and BIDV listed their buying rates at VND22,695 and selling rates at VND22,765 per USD, the same as on August 28.

Techcombank maintained the buying rate as on the previous day at VND22,680 but reduced the selling rate by VND5 to VND22,775 per USD.

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