Business

Reference exchange rate up 27 VND on July 20

The State Bank of Vietnam set the daily reference exchange rate at 23,731 VND/USD on July 20, up 27 VND from the previous day.
Reference exchange rate up 27 VND on July 20 ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,731 VND/USD on July 20, up 27 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable forcommercial banks during the day is 24,917 VND/USD and the floor rate 22,544VND/USD.

At commercial banks, the opening-hour rates decreased.

At 8:30am, Vietcombank listed the rates at 23,440 VND/USD (buying) and 23,810VND/USD (selling), both down 5 VND from the end of July 19.

BIDV also cut both rates by 5 VND, listing the buying rate at 23,490 VND/USDand the selling rate at 23,790 VND/USD./.
VNA
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