Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 24,242 VND/USD on August 2, down 3 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,454 VND/USD and the floor rate 23,030 VND/USD.
At commercial banks, the opening-hour rates also saw decreases.
At 8:31am, Vietcombank listed the rates at 25,060 VND/USD (buying) and 25,400 VND/USD (selling), both down 25 VND, from the previous day.
Meanwhile, BIDV cut the buying rate by 5 VND and kept the selling rate unchanged, listing at 25,060 VND/USD and 25,405 VND/USD, respectively./.
Reference exchange rate down 10 VND on August 1
The State Bank of Vietnam set the daily reference exchange rate at 24,245 VND/USD on Augst 1, down 10 VND from the previous day.