Business

Reference exchange rate up 19 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,753 VND/USD on July 24, down 19 VND from the last working day of previous week (July 21).
Reference exchange rate up 19 VND at week’s beginning ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate at 23,753 VND/USD on July 24, down 19 VND fromthe last working day of previous week (July 21).

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,941 VND/USDand the floor rate 22,565 VND/USD.

At commercial banks, the opening-hour rates fluctuatedvariably.

At 8:30am, Vietcombank listed the rates at 23,455VND/USD (buying) and 23,825 VND/USD (selling), both down 5 VND from the end ofJuly 21.

Meanwhile, BIDV raised both rates by 5 VND,listing the buying rate at 23,515 VND/USD and the selling rate at 23,815VND/USD.

During the week from July 17-21, the daily reference exchangerage was adjusted down on Monday and Wednesday, and up on the other days./. 
VNA
#State Bank of Vietnam #reference exchange rate #VND/USD exchange rate #Vietcombank #BIDV #Vietnam #Vietnam news #Vietnam News Agency
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