Reference exchange rate continues to climb

The daily reference exchange rate was raised by another 15 VND to 22,655 VND/USD on June 28.
Reference exchange rate continues to climb ảnh 1Reference exchange rate continues to climb. (Photo: VNA)

Hanoi (VNA)
- The daily reference exchange rate was raised by another 15 VND to 22,655 VND/USD on June 28.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,333 VND/USD and the floor rate 21,979 VND/USD.

However, the opening hour rates dropped at some commercial banks.

Vietcombank cut both rates by 5 VND, listing the buying rate at 22,900 VND/USD and the selling rate at 22,970 VND/USD.

The rates at BIDV were slashed by 15 VND to 22,905 VND/USD (buying) and 22,975 VND/USD (selling).

On the contrary, Techcombank further raised its listed rates by 10 VND to 22,880 VND/USD (buying) and 22,980 VND/USD (selling).

Both the daily reference exchange rate and listed VND/USD rates at banks have been on a rising trend since last week.

The SBV said it will manage the reference rate flexibly in conformity with developments of the market, and will also scale up foreign reserves when necessary.-VNA
VNA

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