Business

Reference exchange rate slightly increases on July 18

The State Bank of Vietnam set the daily reference exchange at 25,185 VND/USD on July 18, up 9 VND from the previous day.

The daily reference exchange is at 25,185 VND/USD on July 18 (Photo: VNA)
The daily reference exchange is at 25,185 VND/USD on July 18 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,185 VND/USD on July 18, up 9 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,444 VND/USD and the floor rate 23,926 VND/USD.

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

Vietcombank listed the buying rate at 25,970 VND/USD and the selling rate at 26,330 VND/USD, both down 10 VND from the July 17 morning session.

Meanwhile, BIDV kept the both rates unchanged, posting the buying rate at 25,980 VND/USD and the selling rate at 26,340 VND/USD./.

VNA
#reference exchange rate #State Bank of Vietnam #commercial banks #Vietcombank #BIDV
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