Reference exchange rate up 20 VND at week’s beginning

A transaction office of VietinBank (Photo: VNA)

Hanoi (VNA) - 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).

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

The opening-hour rates at many commercial banks also went up.

At 8:40am, Vietcombank listed the buying rate at 23,280 VND/USD and the selling rate at 23,500 VND/USD, both up 30 VND from July 15.

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

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

VNA