Reference exchange rate down 7 VND at week’s beginning

Illustrative photo (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,062 VND/USD on June 6, down 7 VND from the last working day of the previous week (June 3).

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,754 VND/USD and the floor rate 22,369 VND/USD.

The opening-hour rates at commercial banks also dropped.

At 8:40 am, Vietcombank listed the buying rate at 23,025 VND/USD, and the selling rate at 23,335 VND/USD, both down 15 VND from the rates at the end of June 3.

BIDV also reduced both rates by 20 VND, listing at 23,050 VND/USD (buying) and 23,330 VND/USD (selling)./.

VNA