The reference VND/USD exchange rate is set at 22,432 VND/USD on June 29 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam (SBV) on June 29 adjusted its reference VND/USD exchange rate down by 1 VND from the previous day to 22,432 VND/USD.

With the current  +/- 3 percent VND/USD trading band, the ceiling exchange rate is 23,104 VND per USD and the floor rate is 21,760 VND per USD.

At the opening hours, the exchange rate at major commercial banks was relatively stable.

Vietcombank kept the exchange rate unchanged at 22,705 VND (buying) and 22,775 VND (selling), per USD, as compared to the previous day.

BIDV reduced the rate by 5 VND to 22,705 VND (buying) and 22,775 (selling) per USD.

Vietinbank also kept the exchange rate unchanged, posting its buying rate at 22,695 VND and its selling rate at 22,775 VND per USD.-VNA