Reference exchange rate up 5 VND on July 7

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.
Reference exchange rate up 5 VND on July 7 ảnh 1Illustrative image (Photo: VNA) 
Hanoi (VNA) - The State Bank of Vietnamset the daily reference exchange rate at 23,920 VND/USD on July 7, up 5 VNDfrom the previous day.

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

At commercial banks, the opening-hour rates decreased.

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

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

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