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Reference exchange rate down 3 VND on August 2
The State Bank of Vietnam set the daily reference exchange rate at 24,242 VND/USD on August 2, down 3 VND from the previous day.
With the current trading band of +/- 5 per cent, the ceiling rate applicable for commercial banks during the day is 25,454 VND/USD and the floor rate 23,030 VND/USD.
At commercial banks, the opening-hour rates also saw decreases.
At 8:31am, Vietcombank listed the rates at 25,060 VND/USD (buying) and 25,400 VND/USD (selling), both down 25 VND, from the previous day.
Meanwhile, BIDV cut the buying rate by 5 VND and kept the selling rate unchanged, listing at 25,060 VND/USD and 25,405 VND/USD, respectively.
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