Hanoi, April 29 -- The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,960 VND/USD on April 29, down 4 VND from April 28. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,204 VND/USD and the floor rate 23,708 VND/USD. At 8:25 am, the opening-hour rates at major commercial banks saw increases. Vietcombank listed the buying rate at 25,820 VND/USD and the selling rate at 26,180 VND/USD, both down 20 from April 28. BIDV cut both rates by 30 VND, posting the buying rate at 25,810 VND/USD and the selling rate at 26,170 VND/USD./.

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