Reference exchange rate continues to rise

The State Bank of Vietnam set the daily reference exchange rate at 23,176 VND per USD on May 5, up 2 VND from the rate on the previous day.
Reference exchange rate continues to rise ảnh 1The State Bank of Vietnam set the daily reference exchange rate at 23,176 VND per USD on May 5 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,176 VND per USD on May 5, up 2 VND from the rate on the previous day.

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,871 VND/USD and the floor rate 22,481 VND/USD.

The rates listed at commercial banks saw slight fluctuations.

At 8:25 am, Vietcombank listed the buying rate at 22,940 VND/USD and the selling rate 23,150 VND/USD, unchanged from yesterday.

BIDV raised both rates by 5 VND, listing the buying rate at 22,965 VND/USD and the selling rate 23,165 VND/USD.

Meanwhile, Vietinbank set the buying rate at 22,955 VND/USD and the selling rate at 23,165 VND/USD, both up 5 VND./.

VNA

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