Business

Reference exchange rate goes up on July 14

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,486 VND/USD, and the floor rate 23,964 VND/USD.

The daily reference exchange rate is set at 25,225 VND/USD on July 14. (Photo: VNA)
The daily reference exchange rate is set at 25,225 VND/USD on July 14. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,225 VND/USD on July 14, up 5 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 26,486 VND/USD, and the floor rate 23,964 VND/USD.

Meanwhile, the opening-hour buying and selling rates at major commercial banks dropped from the July 13 morning trading session.

At 8:30, both Vietcombank and BIDV listed the buying rate at 26,070 VND/USD, and the selling rate at 26,450 VND/USD, both down 10 VND./.

VNA
#reference exchange rate #State Bank of Vietnam #USD/VND exchange rate #commercial banks Vietnam
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