Business

Reference exchange rate down 23 VND on July 11

The State Bank of Vietnam set the daily reference exchange rate at 23,787 VND/USD on July 11, down 23 VND from the last previous day.
Reference exchange rate down 23 VND on July 11 ảnh 1Illustrative photo (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,787 VND/USD on July 11,down 23 VND from the last previous day.

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 23,897 VND/USDand the floor rate 22,521 VND/USD.

At commercial banks, the opening-hour ratesfluctuated.

At 8:30am, Vietcombank listed the rates at23,450 VND/USD (buying) and 23,820 VND/USD (selling), up 10 VND from the end ofJuly 10.

Meanwhile, BIDV lowered both rates by 10 VND, listingthe buying rate at 23,500 VND/USD and the selling rate at 23,800 VND/USD./.
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