Hanoi, Oct. 16 -- The State Bank of Vietnam set the daily reference exchange rate at 25,637 VND/USD on October 16, down 5 VND from the previous day. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,919 VND/USD, and the floor rate 24,355 VND/USD. The opening-hour buying and selling rates at major commercial banks also decreased compared with the October 15 trading session. At 8:15 am, Vietcombank and BIDV listed the buying rate at 25,680 VND/USD and the selling rate at 26,060 VND/USD, both falling 30 VND./.

Published by HT Digital Content Services with permission from Vietnam News Agency....