Reference exchange rate up 3 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,204 VND per USD on July 14, up 3 VND from the previous day.
Illustrative image (Source: VNA)With the current trading band of +/- 3 percent, the ceiling rate applied to commercial bank during the day is 23,900 VND/USD and the floor rate 22,507 VND/USD.
The rates listed at major commercial banks saw decreases.
At 8:20 am, Vietcombank listed the buying rate at 22,880 VND/USD and the selling rate at 23,110 VND/USD, down 10 VND from July 13.
Vietinbank also cut both rates by 10 VND, listing the buying rate at 22,890 VND/USD and the selling rate at 23,110 VND/USD.
Meanwhile, BIDV kept both rates unchanged, listing the buying rate at 22,925 VND/USD and the selling rate at 23,125 VND/USD./.
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