The State Bank of Vietnam on February 7 set the reference exchange rate at 22,445 VND/USD, down 5 VND from the previous day.
With the current trade band of /- 3 percent, the ceiling rate applied to commercial banks during the day is 23,118 VND/USD and the floor rate 21,774 VND/USD.
At major commercial banks, the price of USD saw a little decrease from the previous day.
Vietcombank listed the rates at 22,670 VND/USD (buying) and 22,740 VND/USD (selling) while those at BIDV were maintained at 22,675 VND and 22,738 VND, respectively.
Meanwhile, both rates listed by Vietinbank were down by 5 VND, to 22,668 VND/USD (buying) and 22,738 VND/USD (selling).-VNA
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