Illustrative image (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,246 VND/USD on August 21, down 5 VND from the previous session.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,459 VND/USD and the floor rate 23,033 VND/USD.

At major commercial banks, the opening hour rates fluctuated variably.

At 8:03 am, Vietcombank listed the rates at 24,720 VND/USD (buying) and 25,090 VND/USD (selling), both up 10 VND from the previous day.

BIDV listed the buying rate at 24,740 VND/USD and the selling rate at 25,080 VND/USD./.