With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,920 VND/USDand the floor rate 22,544 VND/USD.
At commercial banks, the opening-hour rates alldeclined.
At 8:15am, Vietcombank listed the rates at 23,440VND/USD (buying) and 23,810 VND/USD (selling).
BIDV cut 55 VND from both rates, listing the buying rate at 23,510 VND/USD andthe selling rate at 23,810 VND/USD.
During the week from July 3-7, the daily reference exchange rate followed anupward trend except for Tuesday (July 4). It ended the week up 115 VND./.