Reference exchange rate down VND 4 at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at VND 23,054  per USD on June 10, down VND 4  from the last working day of previous week (June 7).

The State Bank of Vietnam set the daily reference exchange rate at VND 23,054 per USD on June 10, down VND 4 from the last working day of previous week (June 7) (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate at VND 23,054 per USD on June 10, down VND 4 from the last working day of previous week (June 7) (Photo: VNA)

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is VND 23,745 per USD and the floor rate at VND/ US$ 22,363. 

The opening hour rates at commercial banks saw mixed fluctuations from June 7.

At 8:25am, Vietcombank listed the buying rate at VND/ US$ 23,340 and the selling rate at VND/ US$ 23,460, unchanged from the same time on June 7.

BIDV added VND 20 to both rates, listing the buying rate at VND/ US$ 23,340  and the selling rate at VND/ US$ 23,460.

Meanwhile, Techcombank maintained both rates at the same level as on June 7, at VND/ US$ 23,320 (buying) and VND/ US$ 23,460 (selling).

During the week from June 3-7, the daily reference exchange rate followed the downward trend on most days except for an increase on June 6. The rate ended the week VND 2 lower than the rate on Monday.

At the end of the week, the rates at most commercial banks also dropped compared to at the week’s beginning.

VNA

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