With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,473 VND/USD and the floor rate 23,047 VND/USD.

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State Bank of Vietnam sets daily reference exchange rate for the U.S. dollar at 24,260 VND/USD on December 3.

At major commercial banks, the opening hour rates saw increases.

At 8:31 am, Vietcombank listed the buying rate at 25,170 VND/USD and the selling rate at 25,473 VND/USD, both up 21 VND from December 2.

BIDV also raised both rates by 21 VND, posting the buying rate at 25,173 VND/USD and the selling rate at 25,473 VND/USD.

Source: VNA