Both reference exchange rate, banks’ rate gain speed on week’s first day hinh anh 1The daily reference exchange rate was raised to 22,783 VND/USD on December 17 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam continued to raise the daily reference exchange rate on December 17, the first day of the week, to 22,783 VND/USD, 5 VND higher than the rate on the last day of previous week (December 14).

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks for the day is 23,465 VND/USD and the floor rate is 22,101 VND/USD.

The transaction office of the State Bank of Vietnam kept the buying rate unchanged from December 14 at 22,700 VND/USD but added 5 VND to the selling rate to 23,411 VND/USD.

The opening hour rates listed at commercial banks went up compared to December 14.

Vietcombank increased both rates by 20 VND, listing the buying rate at 23,255 VND/USD and the selling rate at 23,345 VND.

Both rates at Techcombank went up by 15 VND to 23,235 VND/USD (buying) and 23,345 VND/USD (selling).

Meanwhile, the rates listed by BIDV stayed unchanged at 23,240 VND/USD (buying) and 23,330 VND/USD (selling).

Last week (December 10-14), the reference exchange rate followed a rising trend except for Thursday. The rate gained a total 12 VND during the week.

On the contrary, the rates listed at commercial banks have decreased throughout the week. -VNA