The State Bank of Vietnam set its reference VND/USD exchange at 22,426 VND/USD on the morning of January 29. (Photo: vnmedia.vn)

Hanoi (VNA) – The State Bank of Vietnam set its reference VND/USD exchange at 22,426 VND/USD on the morning of January 29, up by 10 VND from the end of January 26.
 
With the current + /- 3 percent VND/USD trading band, the ceiling exchange rate is 23,099 VND per USD and the floor rate is 21,755 VND per USD.

Major commercial banks made no changes to their rates.

Vietcombank and BIDV offered 22,675 VND (buying) and 22,745 VND (selling), per USD, unchanged from January 26.

Vietinbank cut its rates by 1 VND to offer 22,674 VND (buying) and 22,744 VND (selling), per USD.-VNA