Business

Reference exchange rate continues to rise

The State Bank of Vietnam set the daily reference exchange at 25,116 VND on July 4, up 25 VND from the previous day.

The daily reference exchange is set at 25,116 VND on July 4. (Photo: VNA)
The daily reference exchange is set at 25,116 VND on July 4. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,116 VND on July 4, up 25 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,372 VND/USD and the floor rate 23,860 VND/USD.

At 8:25 am, the opening-hour rates at major commercial banks also saw increases.

Vietcombank listed the buying rate at 26,010 VND/USD and the selling rate 26,370 VND/USD, up 25 VND from the July 3 morning session.

Meanwhile, BIDV raised the buying rate by 46 VND to 26,031 VND/USD and the selling rate by 26 VND to 26,371 VND/USD./.

VNA
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