Reference exchange rate up 15 VND hinh anh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam raised the daily reference VND/USD exchange rate by 15 VND to 22,406 VND/USD on January 18.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,075 VND/USD and the floor rate 21,739 VND/USD.

The opening hour rates at commercial banks stayed rather stable, with Vietcombank and Vietinbank maintaining the same rates as on January 17. The greenback is bought at 22,675 VND/USD at the two banks, and sold at 22,745 VND/USD.

Meanwhile, BIDV cut both rates by 5 VND, listing the buying rate at 22,675 VND/USD and selling rate at 22,745 VND/USD.-VNA