The daily reference exchange rate for VND/USD is cut down by 1 VND on July 21 to 22,432 VND per USD (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam cut the daily reference exchange rate for VND/USD by 1 VND on July 21 to 22,432 VND per USD.

With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,105 VND and the floor rate 21,759 VND.

The opening hour rates at commercial banks saw slight changes.

[SBV issues bills to shore forex reserves]

Vietcombank is buying the greenback at 22,700 VND and selling at 22,770 VND per USD, down 5 VND from a day ago.

At BIDV, the buying rate is 22,700 VND and the selling rate 22,770 VND, up 5 VND.

Techcombank kept the buying rate unchanged from July 20 at 22,685 VND per USD and adjusted the selling rate up by 5 VND to 22,780 VND per USD. -VNA