Reference exchange rate on Aug 2: 23.773 VND/USD, up 16 VND. (Source: WVR)

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 24,961 VND/USD and the floor rate 22,584 VND/USD.

On the contrary, at commercial banks, the opening-hour rates dropped.

At 8:15am, Vietcombank listed the rates at 23,480 VND/USD (buying) and 23,850 VND/USD (selling), both down 10 VND from the end of August 1.

Meanwhile, BIDV cut 15 VND from both rates, listing the buying rate at 23,535 VND/USD and the selling rate at 23,835 VND/USD.