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Banks continue to depreciate the greenback

Update: June, 17/2020 - 11:30

 

The greenback is rated down at most banks on June 17. — Photo kinhtedothi.vn

HÀ NỘI — After four sessions of appreciating the US dollar against the Vietnamese đồng, the State Bank of Việt Nam (SBV) adjusted the greenback down on Wednesday, while commercial banks followed the trend.

In the morning, SBV announced a daily reference exchange rate of VNĐ23,240 per dollar, down nine Vietnamese đồng against the previous day. 

The selling rate was still listed at VNĐ23,650 for each buck and the buying rate was listed unchanged from the previous session at VNĐ23,175 for each dollar.

With a margin of +/- 3 per cent applied, the ceiling rate applied by banks on Wednesday was VNĐ23,937 for each greenback and the floor rate was VNĐ22,543.

This was the first decline in the last four sessions of the central exchange rate. On June 16, SBV listed up the central exchange rate by VNĐ10 at VNĐ23,249 per US dollar from the previous session. Meanwhile, the prices of US dollars at commercial banks this morning continued to decrease.

Vietcombank and BIDV were trading each USD at VNĐ23,120 and VNĐ23,300 (buy/sell), of which, BIDV rates were down VNĐ5 and Vietcombank rates were down VNĐ10 each dollar in both selling and buying directions compared to Tuesday.

VietinBank’s rates slightly decreased by VNĐ3 to close at VNĐ23,122 and VNĐ23,302 per dollar (buy/sell).

Selling and buying each buck at VNĐ23,130 and VNĐ23,280, ACB did not adjust the exchange rate while Eximbank decreased VNĐ10 in both directions.

Sacombank rates down the buying price of each dollar VNĐ24 to stay at VNĐ23,130 and reduces VNĐ14 in selling price to close at VNĐ23,280.

Techcombank sees no change to its exchange rate, still listing the USD at VNĐ23,125 and VNĐ23,305 (buy/sell). Similarly, the US dollar exchange rate at the bank was not volatile.

Rates in the free market remained the same for both buying and selling sides, at VNĐ23,220 and VNĐ23,250 each dollar, respectively. — VNS

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