Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,262 VND/USD on December 4, up 2 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,475 VND/USD and the floor rate 23,049 VND/USD.
At major commercial banks, the opening hour rates also saw slight increases.
At 8:37 am, Vietcombank listed the buying rate at 25,172 VND/USD and the selling rate at 25,475 VND/USD, both up 2 VND from December 3.
BIDV also raised the selling rate by 2 VND to 25,475 VND/USD but reduced the buying rate by 1 VND to 25,172 VND/USD./.
Reference exchange rate up 20 VND on December 3
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on December 3, up 20 VND from the previous day.