Reference exchange rate down 23 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,810 VND/USD on July 10, down 23 VND from the last working day of the previous week (July 7).
Hanoi (VNA) - The State Bank of Vietnam setthe daily reference exchange rate at 23,810 VND/USD on July 10, down 23 VNDfrom the last working day of the previous week (July 7).
With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,920 VND/USDand the floor rate 22,544 VND/USD.
At commercial banks, the opening-hour rates alldeclined.
At 8:15am, Vietcombank listed the rates at 23,440VND/USD (buying) and 23,810 VND/USD (selling).
BIDV cut 55 VND from both rates, listing the buying rate at 23,510 VND/USD andthe selling rate at 23,810 VND/USD.
During the week from July 3-7, the daily reference exchange rate followed anupward trend except for Tuesday (July 4). It ended the week up 115 VND./.
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Illustrative image. (Photo: VNA) 
