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Home / Economy / Banking & Finance
Central bank's reference rate falls again
10:34, 2016/01/30
The State Bank of Vietnam (SBV) on January 29 announced its reference rate of 21,881 VND per US dollar.
The new rate fell by 5 VND, compared with the previous day, to touch the lowest level since the SBV applied the central rate early this month. 
This was the fourth consecutive fall of the central exchange rate this week, with a total reduction of 29 dong. 
Commercial banks are allowed to apply the ceiling rate of 22,537 VND and the floor rate of 21,224 VND on January 28, with a margin of +/-three percent from the SBV's reference rate.
 
Photo for illustration
Photo for illustration
At the opening hour, Vietcombank listed the dollar buying and selling rates at 22,215 VND and 22,285 VND, respectively, 40 VND lower than the previous day's rates.
The prices of the green note transacted at the bank fell by 105 VND in this week and by 255 VND compared to January 4 when the reference rate was applied first time. 
The dollar buying and selling rates at Eximbank were 22,190 VND and 22,280 VND, 30 VND lower than the day before. 
Meanwhile, Techcombank kept its buying and selling rates at 22,200 VND and 22,360 VND for the US dollar listed on January 28.
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