Hanoi, Sept. 16 -- The State Bank of Vietnam set the daily reference exchange rate at 25,208VND/USD on September 16, down 8 VND from the previous day. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,468 VND/USD, and the floor rate 23,948 VND/USD. At 8:35 am, the opening-hour rates at major commercial banks saw decreases. Vietcombank cut both rates by 8 VND from the September 15 morning session, listing the buying rate at 26,188 VND/USD and the selling rate at 26,468 VND/USD. Meanwhile, BIDV cut the buying rate by 22VND to 26,188 VND/USD and the the selling rate by 8 VND to 26,468 VND/USD./.

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