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|The State Bank of Vietnam sets the daily reference exchange rate at 23,236 VND per USD on April 16, up 9 VND from the previous day (Photo: VNA)|
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,931 VND/USD and the floor rate 22,539 VND/USD.
The opening hour rates at commercial banks saw strong drops.
At 8:25 am, Vietcombank listed the buying rate at 23,320 VND/USD, and the selling rate at 23,530 VND/USD, both down 15 VND from April 15.
BIDV also cut 15 VND from both rates, listing the buying rate at 23,350 VND/USD and the selling rate at 23,530 VND/USD.
At Techcombank, both the rates went down by 40 VND to 23,325 VND/USD (buying), and 23,525 VND/USD (selling).