With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,204 VND/USD and the floor rate 23,708 VND/USD.

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The daily reference exchange rate for the U.S. dollar is set at 24,960 VND/USD on April 29

At 8:25 am, the opening-hour rates at major commercial banks saw increases.

Vietcombank listed the buying rate at 25,820 VND/USD and the selling rate at 26,180 VND/USD, both down 20 from April 28.

BIDV cut both rates by 30 VND, posting the buying rate at 25,810 VND/USD and the selling rate at 26,170 VND/USD.

Source: VNA