Reference exchange rate down further on June 11

The daily reference exchange rate was set at 23,101 VND per USD on June 11 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,101 VND per USD on June 11, down 3 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial bank during the day is 23,794 VND/USD and the floor rate 22,407 VND/USD.

The rates listed at commercial banks also dropped.

At 8:30 am, the rates at Vietcombank stood at 22,810 VND/USD (buying) and 23,040 VND/USD (selling), both down 20 VND from June 10.

BIDV reduced both rates by 15 VND to 22,845 (buying) and 23,045 VND/USD (selling).

During the week from May 31 to June 4, the daily reference exchange rate was adjusted up on Monday but then around to follow a downward trend until the end of the week. It ended the week down 39 VND compared to the rate on Monday./.