Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,215 VND per USD on July 22, up 4 VND from the previous day.
With thecurrent trading band of /- 3 percent, the ceiling rate applied to commercialbank during the day is 23,911 VND/USD and the floor rate 22,518 VND/USD.
The rateslisted at commercial banks saw decreases.
At 8:30 am,Vietcombank listed the buying rate at 22,890 VND/USD and the selling rate at23,120 VND/USD, down 10 VND from July 21.
Vietinbank cut 8 VNDfrom both rates, listing the buying rate at 22,895 VND/USD and the selling rateat 23,115 VND/USD./.
The State Treasury recently announced a plan to auction Government bonds worth of 120 trillion VND (5.21 billion USD) via the Hanoi Stock Exchange in the third quarter.
The State Bank of Vietnam (SBV) pledges to continue fostering exchange rate flexibility while maintaining macroeconomic and financial market stability, so as to ease concerns from the US Department of Treasury about the country’s currency practices.
The Vietnamese Government welcomes the outcomes of the online talks on July 19 between Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen as well as the agreement reached the same day between the SBV and the US Department of Treasury on exchange rate policy, spokesperson of the Vietnamese Foreign Ministry Le Thi Thu Hang said on July 20.
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Reference exchange rate continues upward trend 
