Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 22,472 VND/USD on April 10, a reduction of 3 VND from the rate on the previous day.  

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,150 VND/USD and the floor rate 21,706 VND/USD.  

At the beginning of the day, the rates listed at major commercial banks were on the down trend.

Vietcombank cut both rates by 10 VND, listing the buying rate at 22,755 VND/USD and the selling rate at 22,825 VND/USD.

The rates were the same at BIDV, and also down 10 VND both from April 9.

The rates listed at Vietinbank went down by 9 VND, with the buying rate at 22,755 VND/USD and the selling rate at 22,825 VND/USD. -VNA