Business

Reference exchange rate goes down on July 25

The State Bank of Vietnam revised its daily reference exchange rate down by 4 VND to 23,072 VND/USD on the morning of July 25.
Reference exchange rate goes down on July 25 ảnh 1The daily reference exchange rate is set at 23,072 VND/USD on the morning of July 25 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam revised its daily referenceexchange rate down by 4 VND to 23,072 VND/USD on the morning of July 25.

With thecurrent trading band of +/- 3 percent, the ceiling rate applied by commercialbanks for the day is 23,764 VND/USD and the floor rate is 22,378 VND/USD.

At 8:15,Vietcombank cut both rates by 5 VND to 23,150 VND/USD (buying) and 23,270VND/USD (selling).

BIDV alsolisted the rates at 23,150 VND/USD (buying) and 23,270 VND/USD (selling), bothdown by 5 VND from the same time on July 24.

Meanwhile,Techcombank kept the buying rate at 23,135 VND/USD and the selling rate at23,275 VND/USD, unchanged from the previous day. - VNA
VNA
#State Bank of Vietnam#daily reference exchange rate#USD/VND exchange rate#ceiling exchange rate#floor exchange rate#Vietnam's monetary policy#updated Vietnam news#Vietnamplus#Vietnam News Agency
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