Illustrative image (Source: VNA)
 
Hanoi (VNA) – The State Bank of Vietnam set the reference exchange rate for VND/USD at 22,144 VND per USD on December 16, up 9 VND from the rate on the day before.  

With the current trade band of /- 3 percent, the ceiling rate for commercial bank is 22,808 VND and the floor rate, 21,480 VND per USD.  

The opening hour rates at commercial banks saw slight fluctations.

Both Vietcombank and BIDV raised their buying rate by 30 VND to 22,700 VND and their selling rate by 20 VND to 22,770 VND for one USD.

Eximbank bought one USD for 22,680 VND, up 20 VND and sold one USD for 22,780 VND, unchanged from December 15.

Techcombank increased its buying rate by 10 VND to 22,670 VND and its selling rate by 30 VND to 22,790 VND per USD.-VNA