Hanoi, Jan. 16 -- The State Bank of Vietnam set the daily reference exchange rate at 25,131 VND/USD on January 16, down 4 VND from January 15. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,388 VND/USD, and the floor rate 23,874 VND/USD. At 8:30, the buying and selling rates at major commercial banks also saw decreases. Both Vietcombank and BIDV listed the buying rate at 26,087 VND/USD and the selling rate at 26,387 VND/USD, the same as the morning session on January 15./.

Published by HT Digital Content Services with permission from Vietnam News Agency....