Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 24,253 VND/USD on July 11, up 6 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,465 VND/USD and the floor rate 23,040 VND/USD.
At commercial banks, the opening-hour rates saw increases.
At 8:40 am, Vietcombank listed the rates at 25,215 VND/USD (buying) and 25,465 VND/USD (selling), up 6 VND from July 10.
BIDV raised both rates by 5 VND, listing the buying rate at 25,245 VND/USD and the selling rate at 25,465 VND/USD./.
Reference exchange rate up 5 VND on July 10
The State Bank of Vietnam set the daily reference exchange rate at 24,247 VND/USD on July 10, up 5 VND from the previous day.