Reference exchange rate up 27 VND on July 20

Illustrative image (Photo: VNA)

Hanoi (VNA) - 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.

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

At commercial banks, the opening-hour rates decreased.

At 8:30am, Vietcombank listed the rates at 23,440 VND/USD (buying) and 23,810 VND/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/USD and the selling rate at 23,790 VND/USD./.

VNA