With the current trading band of +/-5%, theceiling rate applicable to commercial banks during the day is 24,827 VND/USDand the floor rate 22,462 VND/USD.
The opening-hour rates at commercial banks continuedto rise.
At 8:30 am, BIDV listed the buying rate at 23,470VND/USD and the selling rate at 23,750 VND/USD, both up 30 VND from the end ofDecember 16.
Meanwhile, Vietcombank raised both rates by 30 VNDto 23,440 VND/USD (buying) and 23,750 VND/USD (selling).
During the week from December 12 - 16, the dailyreference exchange rate followed a downward trend, ending the week down 5 VND./.