Reference exchange rate down 38 VND

The daily reference exchange rate is set at 23,720 VND/USD on July 14. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,720 VND/USD on July 14, down 38 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 23,830 VND/USD and the floor rate 22,454 VND/USD.

The opening-hour rates at commercial banks increased.

At 8:30am, Vietcombank listed the rates at 23,470 VND/USD (buying) and 23,840 VND/USD (selling), unchanged from the end of July 13.

BIDV added 5 VND to both rates, listing the buying rate at 23,520 VND/USD and the selling rate at 23,820 VND/USD./.

VNA