With the current trading band of +/-3 percent, the ceiling rate applicable tocommercial banks during the day is 23,754 VND/USD and the floor rate 22,370VND/USD.
The opening-hour rates at commercial banks dropped.
At8:30 am, Vietcombank listed the buying rate at 22,450 VND/USD and the sellingrate at 22,760 VND/USD, both down 20 VND from January 21.
BIDV also reduced both rates by 20 VND, listing the buying rate at 22,480 VND/USDand the selling rate at 22,760 VND/USD.
During the week from January 17-21, the dailyreference exchange rate followed an upward trend on the first three days thenturned around to drop on the last two days. It ended the week 8 VND lower thanthe rate on Monday./.