Reference exchange rate going down on February 6

The State Bank of Vietnam set the daily reference exchange rate at 25,065 VND/USD on February 6, down 1 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,318 VND/USD, and the floor rate 23,812 VND/USD.

At 8:15, the buying and selling rates at major commercial banks also saw slight decreases.

Vietcombank listed the buying rate at 25,790 VND/USD and the selling rate at 26,150 VND/USD, both down 30 VND from the February 5 morning session.

Meanwhile, BIDV posted the buying rate at 25,760 VND/USD, down 60 VND and the selling rate at 26,140 VND/USD, down 40 VND.