Reference exchange rate down 10 VND hinh anh 1The daily reference exchange rate is set at 22,406 VND/USD on January 25 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 22,406 VND/USD on January 25, down 10 VND from the previous day.

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,075 VND/USD and the floor rate 21,739 VND/USD.

The opening hour rates at major commercial banks saw only slight changes compared to the rates on January 24.

Only Vietinbank cut both rates by 1 VND, listing the buying rate at 22,674 VND/USD and the selling rate 22,744 VND/USD.

Vietcombank and BIDV kept their rates unchanged, at 22,675 VND/USD (buying) and 22,745 VND/USD (selling).-VNA