Business

Reference exchange rate up 9 VND on August 1

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,511 VND/USD and the floor rate 23,987 VND/USD.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange at 25,249 VND/USD on August 1, up 9 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,511 VND/USD and the floor rate 23,987 VND/USD.

At 8:20 am, the opening-hour rates at major commercial banks stayed stable.

Both Vietcombank and BIDV listed the buying rate at 26,020 VND/USD and the selling rate at 26,380 VND/USD, unchanged from the July 31 morning session./.

VNA
#Reference exchange rate #trading band #ceiling rate
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