Exchange rate on on August 29: Centers and commercial banks both increased, USD freely moved sideways at the bottom for more than half a year

Summary

• The central exchange rate increased by 12 VND.
• USD in banks consolidates the 25,000 VND mark; Japanese yen increases/decreases mixed.
• The free market moved sideways at 25,200.

Content

Today (August 29), the State Bank announced the central exchange rate for the VND/USD currency pair applied during the day at 24,221 VND/USD, an increase of 9 VND compared to the previous listing. With a margin of +/-5% according to regulations, the floor exchange rate is 23,010 VND/USD, the ceiling exchange rate is 25,432 VND/USD.