Reference exchange rate down on week’s first day hinh anh 1The reference exchange rate at 22,475 VND/USD on April 9 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the reference exchange rate at 22,475 VND/USD on April 9, down 2 VND from the last day of previous week (April 6).

With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,153 VND/USD and the floor rate 21,709 VND/USD.

The opening hour rates at major commercial banks saw some fluctuations. While Vietcombank and BIDV adjusted their listed rates down, Vietinbank raised its buying rate.

The rates listed at Vietcombank are 22,765 VND/USD (buying) and 22,835 VND/USD (selling), both down 15 VND from the rates on April 6.

BIDV listed the buying rate at 22,765 VND/USD and the selling rate at 22,835 VND/USD, both down 5 VND.  

The greenback is being bought at Vietinbank at 22,764 VND/USD, up 10 VND, and sold at 22,834 VND/USD, the same as on April 6.

Last week, the reference exchange rate was adjusted down in the first two days, but the trend was reversed on Wednesday and the uptrend continued to the last day of the week (April 6).-VNA