Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 22,787 VND/USD on the morning of December 18, up by4 VND from December 17.
With the current trading band of /- 3 percent, the ceiling rate applied bycommercial banks for the day is 23,469 VND/USD and the floor rate is 22,105VND/USD.
At 8:00 at the transaction office of the State Bank of Vietnam, the buying ratewas 22,700 VND/USD, up 5 VND, while the selling rate was 23,415 VND/USD.
Commercial banks increased their prices of USD sharply.
At 8:00, Vietcombank posted 23,270 – 23,360 VND/USD for its buying andselling rates, up 15 VND from the day ago.
At BIDV, the buying and selling rates were 23,270 – 23,360 VND/USD, up 30 VND.
Techcombank offered 22,250 – 23,360 VND/USD as its buying and selling rates, up15 VND.-VNA
The State Bank of Vietnam set the daily reference exchange rate at 22,775 VND/USD on the morning of December 11, up by 9 VND from December 10, which is the highest from the beginning of this year.
The daily reference exchange rate resumed the rising trend on December 14 after dropping for only one day on December 13, going up 5 VND to 22,778 VND/USD.
The State Bank of Vietnam continued to raise the daily reference exchange rate on December 17, the first day of the week, to 22,783 VND/USD, 5 VND higher than the rate on the last day of previous week (December 14).
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Illustrative photo (Source: VNA) 
