Reference exchange rate revised down 11 VND hinh anh 1Illustrative image (Photo: VNA)
 
Hanoi (VNA) - 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.

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

The rates listed at commercial banks saw slight increases.

At 8:20 am, Vietcombank listed the buying rate at 22,880 VND/USD and the selling rate at 23,110 VND/USD, unchanged from the rates on July 15.

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

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

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