Hanoi, April 8 -- The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,898 VND/USD on April 8, increasing 12 VND from April 4. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,143 VND/USD and the floor rate 23,653 VND/USD. At major commercial banks, the opening-hour rates soared, exceeding 26,000 VND/USD. At 8:35 am, Vietcombank listed the buying rate at 25,680 VND/USD and the selling rate 26.040 VND/USD, both up 70 VND from April 4 morning. BIDV also raised both rates by 100 VND, listing the buying rate at 25,690 VND/USD and the selling rate at 26,050 VND/USD./.

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