Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,067 VND/USD on February 4, down 2 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,320 VND/USD, and the floor rate 23,814 VND/USD.
At 8:15, the buying and selling rates at major commercial banks saw decreases.
Vietcombank listed the buying rate at 25,820 VND/USD and the selling rate at 26,180 VND/USD, both down 20 VND from the February 3 morning session.
Meanwhile BIDV cut its both rates by 15 VND to 25,825 VND/USD (buying) and 26,185 VND/USD (selling)./.
Reference exchange rate drops 10 VND on February 2
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,317 VND/USD, and the floor rate 23, 811 VND/USD.