Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,128 VND/USD on July 11, 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 26,384 VND/USD and the floor rate 23,872 VND/USD.
At 8:20 am, the opening-hour rates at major commercial banks also saw decreases.
Vietcombank listed the buying rate at 25,920 VND/USD and the selling rate at 26,328 VND/USD, both down 30 VND from the July 10 morning session.
Meanwhile, BIDV cut both rates by 40 VND to 25,920 VND/USD (buying) and 26,280 VND/USD (selling)./.
Reference exchange rate drops slightly on July 9
The daily reference exchange on July 9 declined 2 VND from July 8 morning to 25,119 VND/USD.