Reference exchange rate revised down on Jan 8 hinh anh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,401 VND on January 8, down 6 VND from the rate set on the last day of previous week (January 5).

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,070 VND/USD and the floor rate 21,734 VND/USD.

The rates listed at major commercial banks saw strong fluctuations.

At 8:30 on January 8, Vietcombank listed its buying rate at 22,695 VND/USD, up 20 VND from January 5, and the selling rate at 22,785 VND, up 40 VND.

Vietinbank cut its buying rate by 10 VND to 22,665 VND/USD and maintained the same selling rate as on January 5 at 22,745 VND/USD.

Meanwhile, BIDV kept both rates unchanged at 22,680 VND (buying) and 22,750 VND/USD (selling).-VNA