Reference exchange rate goes down on July 25
The State Bank of Vietnam revised its daily reference exchange rate down by 4 VND to 23,072 VND/USD on the morning of July 25.
The daily reference exchange rate is set at 23,072 VND/USD on the morning of July 25 (Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam revised its daily reference exchange rate down by 4 VND to 23,072 VND/USD on the morning of July 25.
With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,764 VND/USD and the floor rate is 22,378 VND/USD.
At 8:15, Vietcombank cut both rates by 5 VND to 23,150 VND/USD (buying) and 23,270 VND/USD (selling).
BIDV also listed the rates at 23,150 VND/USD (buying) and 23,270 VND/USD (selling), both down by 5 VND from the same time on July 24.
Meanwhile, Techcombank kept the buying rate at 23,135 VND/USD and the selling rate at 23,275 VND/USD, unchanged from the previous day. - VNA
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