Business

Reference exchange rate up 20 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,245 VND/USD on July 18, up 20 VND from the last working day of previous week (July 15).
Reference exchange rate up 20 VND at week’s beginning ảnh 1A transaction office of VietinBank (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnamset the daily reference exchange rate for the US dollar at 23,245 VND/USD onJuly 18, up 20 VND from the last working day of previous week (July 15).

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,941 VND/USDand the floor rate 22,548 VND/USD.

The opening-hour rates at many commercial banks alsowent up.

At 8:40am, Vietcombank listed the buying rate at23,280 VND/USD and the selling rate at 23,500 VND/USD, both up 30 VND from July15.

Meanwhile, BIDV added 35 VND to both rates,listing the buying rate at 23,310 VND/USD and the selling rate at 23,590VND/USD.

During the week from July 11-15, the dailyreference exchange rate for the US dollars was adjusted down on Monday but thenup on all the remaining days. It ended the week up 55 VND./.
VNA
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