Hanoi, April 9 -- The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,936 VND/USD on April 9, increasing 38 VND from April 8. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,183 VND/USD and the floor rate 23,689 VND/USD. At major commercial banks, the opening-hour rates soared. At 8:37 am, both Vietcombank and BIDV listed the buying rate at 25,822 VND/USD and the selling rate 26,182 VND/USD, with Vietcombank raising its rates by 142 VND and BIDV by 132 VND from the morning of April 8.

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