Reference exchange rate down 19 VND at week’s beginning

The State Bank of Vietnam sets daily reference exchange rate at 23,701 VND/USD on July 17 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,701 VND/USD on July 17, down 19 VND from the last working day of the previous week (July 14).

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 23,886 VND/USD and the floor rate 22,515 VND/USD.

At commercial banks, the opening-hour rates remained stable.

At 8:30am, Vietcombank listed the rates at 23,440 VND/USD (buying) and 23,810 VND/USD (selling), both unchanged from the end of July 14.

BIDV also kept both rates unchanged, listing the buying rate at 23,480 VND/USD and the selling rate at 23,780 VND/USD./.

VNA