Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,121 VND/USD on July 8, up 8 VND from the previous session.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,377 VND/USD and the floor rate 23,865 VND/USD.
At 8:25 am, the opening-hour rates at major commercial banks also saw decreases.
Vietcombank listed the buying rate at 25,970 VND/USD and the selling rate 26,330 VND/USD, both down 25 VND from July 7.
BIDV also cut both rates by 25 VND to 25,965 VND/USD (buying) and 26,325 VND/USD (selling)./.
Reference exchange rate revised down at week’s beginning
The State Bank of Vietnam set the daily reference exchange at 25,113 VND on July 7, down 22 VND from the last work day of the previous week.