Reference exchange rate down 23 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,810 VND/USD on July 10, down 23 VND from the last working day of the previous week (July 7).
Reference exchange rate down 23 VND at week’s beginning ảnh 1Illustrative image. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam setthe daily reference exchange rate at 23,810 VND/USD on July 10, down 23 VNDfrom the last working day of the previous week (July 7).

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./.

VNA

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