The daily reference exchange rate was set at 22,666 VND/USD on August 9 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam continued to adjust the daily reference exchange rate down on August 9, setting the rate at 22,666 VND/USD, a reduction of 5 VND from the rate on August 8.  

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,345 VND/USD and the floor rate 21,987 VND/USD.

The opening hour rates at commercial banks also declined from the previous day.

[Video: Exporters cope with foreign exchange rate fluctuation]

Vietcombank cut 15 VND from both rates, listing the buying rate at 23,250 VND/USD and the selling rate at 23,330 VND/USD.

The rates at BIDV were adjusted down 15 VND to 23,240 VND/USD (buying) and 23,320 VND/USD (selling).

The rates at Vietinbank declined by 2 VND to 23,246 VND/USD (buying) and 23,326 VND/USD (selling).

The State Bank has adjusted the daily reference exchange rate down for two consecutive days from August 8.-VNA