Business

Reference exchange rate up 8 VND on July 28

The State Bank of Vietnam set the daily reference exchange rate at 23,744 VND/USD on July 28, up 8 VND from the previous day.
Reference exchange rate up 8 VND on July 28 ảnh 1Reference exchange rate up 8 VND on July 28 (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate at 23,744 VND/USD on July 28, up 8 VND from the previousday.

With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,930 VND/USDand the floor rate 22,555 VND/USD.

At commercial banks, the opening-hour ratesfluctuated variably.

At 8:15am, Vietcombank listed the rates at 23,470VND/USD (buying) and 23,840 VND/USD (selling), both up 5 VND from the end ofJuly 27.

Meanwhile, BIDV reduced both rates by 20 VND,listing the buying rate at 23,510 VND/USD and the selling rate at 23,810VND/USD.

During the week from July 24-28, the dailyreference exchange rage was adjusted up on the first two days, down on thefollowing two days, and up on the last day. It ended the week down 9 VND fromMonday./. 
VNA
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