Reference exchange rate goes down 1 VND

The State Bank of Vietnam adjusted its reference VND/USD exchange rate down by 1 VND from July 11 to 22,448 VND/USD on July 12.

Wednesday, July 12, 2017 08:49

Reference exchange rate goes down 1 VND ảnh 1

Illustrative image (Source: VNA)

Hanoi (VNA)– The State Bank of Vietnam adjusted its reference VND/USD exchange rate downby 1 VND from July 11 to 22,448 VND/USD on July 12.

With the current /- 3 percent VND/USD trading band, the ceiling exchange rateis 23,113 VND per USD and the floor rate is 21,769 VND per USD.

Major commercial banks made a sharp cut to their rates at the opening hours.

Vietcombank offered 22,695 VND (buying) and 22,765 VND (selling), per USD, down20 VND from the day ago.

BIDV cut both rates by 15 VND, offering 22,705 VND (buying) and 22,775 VND(selling), per USD.

Vietinbank postedits buying rate at 22,690 VND and its selling rate at 22,770 VND, unchangedfrom the day before.-VNA

VNA

#State Bank of Vietnam #reference VND/USD exchange rate #trading band #ceiling exchange rate #floor rate #Vietnamplus #Vietnam News

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