Business

Reference exchange rate continues to rise on July 2

The State Bank of Vietnam set the daily reference exchange at 25,070 VND on July 2, up 12 VND from the previous day.

The State Bank of Vietnam sets the daily reference exchange at 25,070 VND on July 2. (Photo: VNA)
The State Bank of Vietnam sets the daily reference exchange at 25,070 VND on July 2. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,070 VND on July 2, up 12 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,324 VND/USD and the floor rate 23,817 VND/USD.

At 8:25 am, the opening-hour rates at major commercial banks continued to increase slightly.

Vietcombank listed the buying rate at 25,950 VND/USD and the selling rate 26,310 VND/USD, up 20 VND from the July 1 morning session.

Meanwhile, BIDV raised the buying rate by 10 VND to 25,950 VND/USD and kept the selling rate at 26,300 VND/USD./.

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