Reference exchange rate for the US dollar at 24,332 VND/USD on January 7, down 5 VND. (Photo: VNA)

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,549 VND/USD and the floor rate 23,115 VND/USD.

At major commercial banks, the opening hour rates saw decreases.

At 8:33 am, Vietcombank and BIDV listed the buying rate at 25,248 VND/USD and the selling rate at 25,548 VND/USD, both down 5 VND from January 6, 2025.