Reference exchange rate goes down further on January 28

Both Vietcombank and BIDV listed the buying rate at 25,940 VND/USD and the selling rate at 26,300 VND/USD, both down 52 VND from the January 27 morning session.

The daily reference exchange rate is set at 25,088 VND/USD on January 28. (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate at 25,088 VND/USD on January 28, down 10 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,342 VND/USD, and the floor rate 23,834 VND/USD.

At 8:15, the buying and selling rates at major commercial banks saw sharp decreases.

Both Vietcombank and BIDV listed the buying rate at 25,940 VND/USD and the selling rate at 26,300 VND/USD, both down 52 VND from the January 27 morning session.

Source: VNA