Reference exchange rate up 5 VND on July 7

Illustrative image (Photo: VNA) 

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,920 VND/USD on July 7, up 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,024 VND/USD and the floor rate 22,641 VND/USD.

At commercial banks, the opening-hour rates decreased.

At 8:30am, BIDV listed the rates at 23,565 VND/USD (buying) and 23,865 VND/USD (selling), both down 15 VND from the previous session.

Vietcombank also cut both rates by 10 VND, listing the buying rate at 23,520 VND/USD and the selling rate at 23,890 VND/USD./.

VNA