Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,055 VND per USD on June 21,down 10 VND from the previous day (June 20).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,746 VND per USD and the floor rate at 22,363 VND/USD.
The opening hour rates atcommercial banks continued the downward trend.
At 8:15 am, Vietcombank listedthe buying rate at 23,240 VND/USD and the selling rate at 23,360 VND/USD, both down15 VND from the same time on June 20.
Both buying and selling rates atBIDV also dropped by 20 VND to 23,235 VND/USD (buying) and 23,355 VND/USD(selling).
Techcombank cut both rates by 25VND to 23,225 VND/USD (buying) and 23,365 VND/USD (selling).
During the week from June 17 to21, the reference exchange rate went up on the first two days but droppedtowards the end of the week. The rate ended the week down 14 VND compared toMonday.
The rates at commercial banksalso declined on the second half of the week, concluding the week much lower thanthe rates at the week’s beginning. -VNA
The State Bank of Vietnam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other policies to control inflation, sustain the macro-economy and support economic growth in the second half of this year.
The State Bank of Vietnam set the daily reference exchange rate at 23,069 VND per USD on June 17, up 10 VND from the last working day of previous week (June 14).
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Illustrative image (Source: VNA) 
