Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,222 VND/USD on September 5, down 7 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,433 VND/USD and the floor rate 23,011 VND/USD.
At major commercial banks, the opening hour rates decreased.
At 8:21 am, Vietcombank listed the buying rate at 24,690 VND/USD and the selling rate at 25,030 VND/USD, both down 20 VND from September 4.
BIDV also cut both rates by 10 VND, posting the buying rate at 24,690 VND/USD and the selling rate at 25,030 VND/USD./.
Reference exchange rate continues to go up
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,229 VND/USD on September 4, up 5 VND from the last transaction day before the National Day holiday (August 30).