With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,832 VND/USD and the floor rate 23,372 VND/USD.

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The State Bank of Vietnam sets the daily reference exchange rate at 24,577 VND/USD on February 17.

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

At 8:27am, Vietcombank and BIDV listed the buying rate at 25,300 VND/USD and the selling rate 25,660 VND/USD, both up 80 VND from the February 17 morning session.

Source: VNA