The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,401 VND on January 8, down 6 VND from the rate set on the last day of previous week (January 5).
Hanoi (VNA) – The StateBank of Vietnam set the daily reference VND/USD exchange rate at 22,401 VND onJanuary 8, down 6 VND from the rate set on the last day of previous week(January 5).
With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,070 VND/USD and the floor rate 21,734 VND/USD.
The rates listed at majorcommercial banks saw strong fluctuations.
At 8:30 on January 8, Vietcombanklisted its buying rate at 22,695 VND/USD, up 20 VND from January 5, and theselling rate at 22,785 VND, up 40 VND.
Vietinbank cut its buying rateby 10 VND to 22,665 VND/USD and maintained the same selling rate as on January5 at 22,745 VND/USD.
Meanwhile, BIDV kept both ratesunchanged at 22,680 VND (buying) and 22,750 VND/USD (selling).-VNA
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Illustrative image (Source: VNA) 
