Daily reference exchange rate raised to 22,566 VND/USD on May 8, up 6 VND from the previous day (Source: VNA) 

Hanoi (VNA) – The State Bank of Vietnam continued to raise the daily reference exchange rate for the second consecutive day on May 8, setting the rate at 22,566 VND/USD, up 6 VND from the previous day.

With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,257 VND/USD and the floor rate 21,813 VND/USD.

The opening hour rates at major commercial remained stable.

The greenback is being bought at 22,735 VND/USD and sold at 22,805 VND/USD at Vietcombank and BIDV, unchanged from the rates on May 7.

Vietinbank added 3 VND to both rates, listing the buying rate at 22,738 VND/USD and the selling rate at 22,808 VND/USD.

The reference exchange rate on May 7 was up 6 VND from the last working day of previous week (May 4). -VNA