Business

Reference exchange rate continues to rise on May 12

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,379 VND/USD, and the floor rate 23,867 VND/USD.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,123 VND/USD on May 12, up 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,379 VND/USD, and the floor rate 23,867 VND/USD.

The opening-hour buying and selling rates at major commercial banks also saw increases from the May 11 session.

At 8:25, Vietcombank listed the buying at 26,129 VND/USD and the selling rate at 26,379 VND/USD, both up 6 VND from the previous session.

Meanwhile, BIDV raised the buying rate by 16 VND to 26,139 and the selling rate by 6 VND to 26,379./.

VNA
#BIDV #daily reference exchange rate Vietnam
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