Exchange Rates on August 14: Central Rate Slightly Increases, Both Commercial Banks and Free Market Experience Sharp Decline

Summary

• The central exchange rate rose by 4 VND/USD.
• The USD in banks mostly showed a downward trend, while the yen mostly increased.
• The free market saw a 30 VND drop in the selling price of USD.

Details

Today (August 14), the State Bank of Vietnam announced the central exchange rate for the VND/USD currency pair to be 24,260 VND/USD, an increase of 4 VND compared to the previous listing. With a regulated band of +/-5%, the floor rate is 23,047 VND/USD, and the ceiling rate is 25,473 VND/USD.