The daily reference exchange rate for the US dollar is set at 25,000 VND/USD on June 4. (Source: VNA)

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 25,000 VND/USD on June 4, up 22 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,254 VND/USD and the floor rate 23,754 VND/USD.

At 8:25 am, the opening-hour rates at major commercial banks also saw increases.

Both Vietcombank and BIDV listed the buying rate at 25,870 VND/USD and the selling rate at 26,230 VND/USD, up 20 VND from June 3 morning.