Reference exchange rate up 7 VND on July 25

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 24,948 VND/USD and the floor rate 22,573 VND/USD. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,760 VND/USD on July 25, up 7 VND from the previous session.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 24,948 VND/USD and the floor rate 22,573 VND/USD.

At commercial banks, the opening-hour rates increased.

At 8:30am, Vietcombank listed the rates at 23,465 VND/USD (buying) and 23,835 VND/USD (selling), both up 10 VND from the end of July 24.

Meanwhile, BIDV also raised both rates by 10 VND, listing the buying rate at 23,525 VND/USD and the selling rate at 23,825 VND/USD./.

VNA