Illustrative image (Source: VNA)

Hanoi (VNA) - The State Bank of Vietnam adjusted the daily reference exchange rate up 10 VND to 22,688 VND/USD on September 4, the first day of the week.

 With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,368 VND/USD and the floor rate 22,008 VND/USD.

 The opening hour rates at commercial banks either stayed stable or reduced slightly from the last day of previous week (August 31).

 Both Vietcombank and BIDV kept their rates unchanged at 23,260 VND/USD (buying) and 23,340 VND/USD (selling).

Vietinbank is listing the buying rate at 23,258 VND/USD, down 7 VND from August 31, and the selling rate at 23,338 VND/USD down 5 VND.

The reference exchange rate followed a downward trend for most of the week from August 27-31, except for Thursday. The rate on the last day of the week was 5 VND lower than that on the week’s first day.

 The rates listed at commercial banks stayed stable throughout the week, ranging from 23,235 VND to 23,260 VND per USD (buying) and 23,335 VND - 23,340 VND/USD (selling).-VNA