Reference exchange rate up 4 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,148 VND per USD on December 16, up 4 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,842 VND/USD and the floor rate, 22,454 VND/USD.

The opening hour rates at most commercial banks remained stable.

At 8:30 am, Vietcombank listed the buying rate at 23,010 VND/USD and the selling rate at 23,220 VND/USD, unchanged from December 15.

BIDV also kept both rates unchanged at 23,040 VND/USD (buying) and 23,220 VND/USD (selling).