Business

Reference exchange rate decreases slightly on July 2

The State Bank of Vietnam set the daily reference exchange rate at 25,205 VND/USD on July 2, down 1 VND from the previous day.

The daily reference exchange rate is set at 25,205 VND/USD on July 2. (Photo: VNA)
The daily reference exchange rate is set at 25,205 VND/USD on July 2. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,205 VND/USD on July 2, down 1 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,465 VND/USD, and the floor rate 23,945 VND/USD.

The opening-hour buying and selling rates at major commercial banks also dropped slightly.

At 8:35, Vietcombank and BIDV listed the buying rate at 26,105 VND/USD and the selling rate at 26,465 VND/USD, both down 1 VND compared to the July 1 morning session./.

VNA
#USD/VND exchange rate #reference exchange rate #State Bank of Vietnam #commercial banks
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