Hanoi, April 16 -- The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,899 VND/USD on April 16, up 8 VND from the previous day. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,144 VND/USD and the floor rate 23,654 VND/USD. At 8:30 am, the opening-hour rates at major commercial banks saw decreases. Both Vietcombank and BIDV listed the buying rate at 25,640 VND/USD and the selling rate at 26,000 VND/USD, both down 10 VND from April 15./.

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