Reference exchange rate up 20 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,245 VND/USD on July 18, up 20 VND from the last working day of previous week (July 15).
Hanoi (VNA) - The State Bank of Vietnamset the daily reference exchange rate for the US dollar at 23,245 VND/USD onJuly 18, up 20 VND from the last working day of previous week (July 15).
With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,941 VND/USDand the floor rate 22,548 VND/USD.
The opening-hour rates at many commercial banks alsowent up.
At 8:40am, Vietcombank listed the buying rate at23,280 VND/USD and the selling rate at 23,500 VND/USD, both up 30 VND from July15.
Meanwhile, BIDV added 35 VND to both rates,listing the buying rate at 23,310 VND/USD and the selling rate at 23,590VND/USD.
During the week from July 11-15, the dailyreference exchange rate for the US dollars was adjusted down on Monday but thenup on all the remaining days. It ended the week up 55 VND./.
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A transaction office of VietinBank (Photo: VNA) 
