Business

Reference exchange rate edges up at week’s beginning

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,311 VND/USD and the floor rate 23,805 VND/USD.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,058 VND on July 1, up 6 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,311 VND/USD and the floor rate 23,805 VND/USD.

At 8:20 am, the opening-hour rates at major commercial banks also increased.

Vietcombank listed the buying rate at 25,930 VND/USD and the selling rate 26,290 VND/USD, up 20 VND./.

The rates at BIDV stood at 25,940 VND/USD and 26,300 VND/USD, respectively, up 30 VND./.

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