Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam on February 7 set the reference exchange rate at 22,445 VND/USD, down 5 VND from the previous day.

With the current trade band of /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,118 VND/USD and the floor rate 21,774 VND/USD.

At major commercial banks, the price of USD saw a little decrease from the previous day.

Vietcombank listed the rates at 22,670 VND/USD (buying) and 22,740 VND/USD (selling) while those at BIDV were maintained at 22,675 VND and 22,738 VND, respectively.

Meanwhile, both rates listed by Vietinbank were down by 5 VND, to 22,668 VND/USD (buying) and 22,738 VND/USD (selling).-VNA