Business

Reference exchange rate up at week’s beginning

The State Bank of Vietnam set the daily reference exchange at 25,126 VND on July 14, down 2 VND from the last work day of the previous week.

The daily reference exchange is set at 25,126 VND on July 14. (Photo: VNA)
The daily reference exchange is set at 25,126 VND on July 14. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange at 25,126 VND on July 14, down 2 VND from the last work day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,382 VND/USD and the floor rate 23,870 VND/USD.

At 8:20 am, the opening-hour rates at major commercial banks also saw increases.

Vietcombank and BIDV listed the buying rate at 25,930 VND/USD and the selling rate 26,290 VND/USD, both up 10 VND from the July 11 morning session./.

VNA
#reference exchange rate #State Bank of Vietnam #major commercial banks #ceiling rate
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