With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 23,868 VND/USDand the floor rate 22,492 VND/USD.
The opening-hour rates at commercial banks alsodropped.
At 8:45am, Vietcombank listed the rates at23,470 VND/USD (buying) and 23,840 VND/USD (selling), both down 20 VND from theend of July 12.
BIDV also cut both rates by 25 VND, listing thebuying rate at 23,515 VND/USD and the selling rate at 23,815 VND/USD./.