Hanoi, Aug. 25 -- The State Bank of Vietnam set the daily reference exchange at 25,291 VND/USD on August 25, down 7 VND from the last working day of the previous week. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,556 VND/USD and the floor rate 24,026 VND/USD. At 8:35 am, the opening-hour rates at major commercial banks also saw remarkable decreases. Vietcombank listed the buying rate at 26,160 VND/USD and the selling rate at 26,520 VND/USD, both down 82 VND from the August 22 morning session. BIDV also cut the buying rate by 92 VND to 26,150 VND/USD and the selling rate by 52 VND to 26,510 VND/USD./.

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