Business

Reference exchange rate goes up on August 7

The State Bank of Vietnam set the daily reference exchange at 25,239 VND/USD on August 7, up 7 VND from the previous day.

The daily reference exchange is set at 25,239 VND/USD on August 7. (Photo: VNA)
The daily reference exchange is set at 25,239 VND/USD on August 7. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange at 25,239 VND/USD on August 7, up 7 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,501 VND/USD and the floor rate 23,977 VND/USD.

At 8:15 am, the opening-hour rates at major commercial banks saw decreases.

Both Vietcombank and BIDV listed the buying rate at 26,050 VND/USD and the selling rate at 26,410 VND/USD, down 10 VND from the August 6 morning session./.

VNA
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