With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,509 VND/USD and the floor rate is 22,141 VND/USD.
The transaction office of the State Bank of Vietnam maintained the same buying rate as on December 28 at 22,700 VND/USD but added 21 VND to the selling rate, listing it at 23,460 VND/USD.
Meanwhile, the opening hour rates at commercial banks followed the falling trend from last week.
Vietcombank cut both rates by 15 VND, listing the buying rate at 23,155 VND/USD and the selling rate at 23,245 VND/USD.
The rates at BIDV went down by 15 VND to 23,150 VND/USD (buying) and 23,240 VND/USD (selling).
At Techcombank, the buying rate decreased by 20 VND to 23,120 VND/USD and the selling rate by 10 VND to 23,245 VND/USD.
Last week (December 24-28), the daily reference exchange rate followed a rising trend for most of the week except for Tuesday. It gained a total 35 VND in the week.
The rates at commercial banks fluctuated during the first days of the week but dropped sharply in the week’s last two days.
Source: VNA