Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 22,615 VND/USD on June 25, down 5 VND from the last day ofprevious week (June 22).
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,293 VND/USD and the floor rate 21,939VND/USD.
The opening hour rates at commercial banks mostly stayed unchanged.
Both Vietcombank and BIDV listed the buying rate at 22,830 VND per USD,and the selling rate at 22,900 VND/USD, the same as on June 22.
The rates at Techcombank also remained the same as on June 22 at 22,810VND/USD (buying) and 22,910 VND/USD (selling).
The daily reference exchange rate was on a rising trend for most of lastweek before turning around to drop on the last day (June 22).
The rates listed at commercial banks also rose throughout the week.-VNA
The daily reference exchange rate on June 21 continued the rising trend from the beginning of the week, going up 5 VND from June 20 to 22,622 VND per USD.
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The reference exchange rate saw a rise in recent days after staying flat for several months, leading experts to say domestic economic factors plus flexible management by the State Bank of Vietnam (SBV) would stabilise the market.
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