The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,102 VND/USD on June 27, down 3 VND from the last working day in previous week (June 24).
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating favourable conditions for credit institutions to meet the demand for legal foreign currencies of organisations and individuals, according to Vice Director of the SBV’s Monetary Policy Department Pham Chi Quang.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,107 VND/USD on May 24, down 14 VND from the previous working day.