Reference exchange rate up 5 VND at week’s beginning hinh anh 1Illustrative image (Photo: VNA)

Hanoi, (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 22,448 VND/USD on February 26, up 5 VND from the end of last week.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,121 VND/USD and the floor rate 21,777 VND/USD.

The opening hour rates at major commercial banks continued the rising trend from last week.

Vietcombank raised both rates by 15 VND compared to February 23, listing the buying rate at 22,700 VND/USD and the selling rate at 22,770 VND/USD.

The rates at BIDV are the same as those listed by Vietcombank, also up 15 VND both.

 Vietinbank listed the buying rate at 22,707 VND/USD and the selling rate at 22,777 VND/USD, both up 12 VND from February 23. -VNA