Reference exchange rate continues upward trend

Reference exchange rate continues upward trend

Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,215 VND per USD on July 22, up 4 VND from the previous day.

With thecurrent trading band of /- 3 percent, the ceiling rate applied to commercialbank during the day is 23,911 VND/USD and the floor rate 22,518 VND/USD.

The rateslisted at commercial banks saw decreases.

At 8:30 am,Vietcombank listed the buying rate at 22,890 VND/USD and the selling rate at23,120 VND/USD, down 10 VND from July 21.

Vietinbank cut 8 VNDfrom both rates, listing the buying rate at 22,895 VND/USD and the selling rateat 23,115 VND/USD./.

VNA