Business

Reference exchange rate down 1 VND on July 4

The State Bank of Vietnam set the daily reference exchange rate at 23,804 VND/USD on July 4, down 1 VND from the previous day.
Reference exchange rate down 1 VND on July 4 ảnh 1State Bank of Vietnam sets daily reference exchange rate at 23,804 VND/USD on July 4 (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the dailyreference exchange rate at 23,804 VND/USD on July 4, down 1 VND from theprevious day.

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,994 VND/USDand the floor rate 22,615 VND/USD.

At commercial banks, the opening-hour rates saw mixedfluctuations.

At 8:30am, BIDV listed the rates at 23,460 VND/USD(buying) and 23,860 VND/USD (selling), both up 50 VND from July 3.

Vietcombank reduced both rates by 50 VND, listingthe buying rate at 23,500 VND/USD and the selling rate at 23,870 VND/USD./.
VNA
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