Reference exchange rate goes down by 1 VND (Photo VNA)
Hanoi(VNA) – The State Bank of Vietnam slashed its reference VND/USD exchange rate by1 VND to 22,425 VND/USD on the morning of December 29.
With the current /- 3 percent VND/USD trading band, the ceiling exchange rateis 23,088 VND per USD and the floor rate is 21,752 VND per USD.
Major commercial banks kept their rates stable.
Vietcombank and Vietinbank offered the same rates with 22,675 VND (buying) and 22,745VND (selling), per USD, unchanged from the morning of the day earlier.
BIDV posted 22,680 VND (buying), and 22,750 VND (selling), per USD, unchangedfrom the day ago.-VNA
The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,430 VND/USD on December 25, down 3 VND from the rate on the last day of last week, December 22.
The State Bank of Vietnam continued to adjust the daily reference exchange rate down for the second day in a row on December 26, to 22,425 VND/USD, a reduction of 5 VND from the previous day.
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Reference exchange rate goes down by 1 VND (Photo VNA) 
