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Reference exchange rate revised down 11 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,192 VND per USD on July 16, down 11 VND from the previous day.
Reference exchange rate revised down 11 VND ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,192 VND per USD on July 16, down 11 VND from the previousday.

With thecurrent trading band of +/- 3 percent, the ceiling rate applied to commercialbank during the day is 23,887 VND/USD and the floor rate 22,496 VND/USD.

The rateslisted at commercial banks saw slight increases.

At 8:20 am,Vietcombank listed the buying rate at 22,880 VND/USD and the selling rate at23,110 VND/USD, unchanged from the rates on July 15.

BIDV added 5 VNDto both rates, listing the buying rate at 22,915 VND/USD and the selling rateat 23,115 VND/USD.

Meanwhile, Vietinbank reduced the buying rate by 5 VND to 22,885 VND/USD, andraised the selling rate by 5 VND to 23,105 VND/USD.

During theweek from July 12-16, the daily reference exchange rate fluctuated variably andended the week down 9 VND./.
VNA
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