Reference exchange rate down VND16 on week’s beginning

The daily reference exchange rate on July 23 continued the downward trend from the end of last week, going down VND16 from July 20 to VND/USD22,644 .

illustrative photo

illustrative photo

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is VND/USD23,323 and the floor rate VND/USD21,965 .
The opening hour rates at commercial banks saw slight changes from July 20.
Vietcombank raised both rates by VND5 , listing the buying rate at VND/USD23,020 and the selling rate at VND/USD23,090 .
Techcombank added VND5 to the buying rate, listing it at VND23,000 while the selling rate was kept unchanged at VND/USD23,095 .
Meanwhile, BIDV maintained both rates at the same levels as on July 20, at VND/USD23,015 (buying) and VND/USD23,085 (selling).
Last week the trend of the reference exchange rate was mixed. It was adjusted up on Monday, then down on Tuesday before going up again for the next two days. On the last day of the week (July 20), it went down.

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