The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,201 VND/USD on July 28, up 9 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,897 VND/USD and the floor rate 22,504 VND/USD.

The opening-hour rates at many commercial banks increased.

At 8:30 am, BIDV listed the buying rate at 23,240 VND/USD and the selling rate at 23,520 VND/USD, both up 5 VND from July 27.

Vietcombank also raised both rates by 10 VND to 23,210 VND/USD (buying) and 23,520 VND/USD (selling)./.

Source: Vietnam News Agency