Reference exchange rate down 14 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,697 VND/USD on June 19, down 14 VND from the last working day of previous week (June 16).
The State Bank of Vietnam sets daily reference exchange rate at 23,697 VND/USD on June 19. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnamset the daily reference exchange rate at 23,697 VND/USD on June 19, down 14 VNDfrom the last working day of previous week (June 16).
With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,882 VND/USDand the floor rate 22,511 VND/USD.
At commercial banks, the opening-hour ratesdeclined.
At 8:45am, BIDV listed the buying rate at 23,370VND/USD and the selling rate at 23,670 VND/USD, both down 10 VND from the endof June 16.
Meanwhile, Vietcombank kept both rates unchangedat 23,330 VND/USD (buying) and 23,700 VND/USD (selling).
During the week from June 12-16, the dailyreference exchange rate was adjusted down on the first two days but up on theremaining days. It ended the week up 11 VND./.
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The State Bank of Vietnam sets daily reference exchange rate at 23,697 VND/USD on June 19. (Photo: VNA) 
