SBV sets daily rate for VND-USD transactions
VGP - The State Bank of Viet Nam (SBV) on January 3 announced that it would apply a daily reference rate for VND/USD transactions starting from Monday to allow more flexibility.
Illustration photo |
The rate is published daily, creating a basis for credit institutions and foreign branches to define their exchange rates of VND/USD.
Monday’s rate, VND21,896, is VND6 higher than the erstwhile fixed rate of VND21,890./.
By Khanh Phuong