Reference exchange rate continues to decline on April 29 hinh anh 1Transaction at Vietcombank (Photo: VNA)

Hanoi (VNA)
- The State Bank of Vietnam set the daily reference exchange rate at 23,257 VND per USD on April 29, down 5 VND from the previous day.

 With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,955 VND/USD and the floor rate 22,559 VND/USD.

 The opening hour rates at commercial banks also saw slight changes.

At 8:25 am, the rates listed by Vietcombank were 23,325 VND/USD (buying), and 23,535 VND/USD (selling), down 15 VND from April 28.

 Techcombank also cut 15 VND from both rates, listing the buying rate at 23,338 VND/USD, and the selling rate at 23,538 VND/USD.

 BIDV reduced both rates by 10 VND, listing the buying rate at 23,355 VND/USD and the selling rate at 23,535 VND/USD.

The nation will begin a four-day national holiday from April 30 on the occasion of the Liberation of the South and National Reunification (April 30) and May Day (May 1).

Since the beginning of the week from April 27, the reference exchange rate was on a downward trend, losing a total 15 VND.

 The rates at commercial banks also followed the downward trend, ending the week generally lower by 40-45 VND per USD./.