The State Bank of Vietnam set the daily reference exchange rate at 24,248 VND/USD on July 12 (Photo: VietnamPlus)
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,460 VND/USD and the floor rate 23,035 VND/USD.
At commercial banks, the opening-hour rates saw decreases.
At 8:40 am, Vietcombank listed the rates at 25,210 VND/USD (buying) and 25,460 VND/USD (selling), dowm 5 VND from July 11.
BIDV also cut both rates by 5 VND, listing the buying rate at 25,240 VND/USD and the selling rate at 25,460 VND/USD./.
