Reference exchange rate down 2 VND on June 7

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,749 VND per USD and the floor rate at 22,366 VND/USD.



The opening hour rates at commercial banks saw slight decreases from June 6.



At 8:15am, Vietcombank listed the buying rate at 23,345 VND/USD and the selling rate at 23,465 VND/USD, both down 10 VND from the same time on June 6.



BIDV cut 5 VND from both rates, listing the buying rate at 23,340 VND/USD and the selling rate at 23,460 VND/USD.



Meanwhile, Techcombank maintained both rates at the same level as on June 6, at 23,335 VND/USD (buying) and 23,475 VND/USD (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 2 VND 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.