Reference exchange rate up 5 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,805 VND/USD on July 3, up 5 VND from the last working day of the previous week (June 30).
Hanoi (VNA) - The State Bank of Vietnamset the daily reference exchange rate at 23,805 VND/USD on July 3, up 5 VNDfrom the last working day of the previous week (June 30).
With the current trading band of +/- 5%, theceiling rate applicable for commercial banks during the day is 24,995 VND/USDand the floor rate 22,614 VND/USD.
At commercial banks, the opening-hour rates increased.
At 8:30am, BIDV listed the rates at 23,450VND/USD (buying) and 23,750 VND/USD (selling), both up 20 VND from the end ofJune 30.
Vietcombank kept both rates unchanged, listingthe buying rate at 23,380 VND/USD and the selling rate at 23,750 VND/USD./.
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Illustrative image (Source: VNA) 
