Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate on January 16 at 22,857 VND/USD, up 7 VND from the previous day (January 15).

With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,542 VND/USD and the floor rate is 22,172 VND/USD.

 The opening hour rates at commercial banks continued to stay stable.

Vietcombank kept both rates unchanged from January 15, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD.

 BIDV also maintained both rates at the same levels as on January 15, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD.

 Both rates at Techcombank remained unchanged at 23,135 VND/USD (buying) and 23,245 VND/USD (selling).-VNA