The State Bank of Vietnam raised the daily reference exchange rate for the second day in a row, setting the rate at 22,605 VND/USD on May 29, up 9 VND from the previous day (Illustrative image. Source: VNA)
 
Hanoi (VNA) – The State Bank of Vietnam raised the daily reference exchange rate for the second day in a row, setting the rate at 22,605 VND/USD on May 29, up 9 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,282 VND/USD, and the floor rate 21,938 VND/USD.

The opening hour rates at commercial banks saw a strong surge compared to May 28.

Vietcombank added 30 VND to both rates, listing the buying rate at 22,785 VND/USD and the selling rate at 22,855 VND.

The rates at BIDV also rose by 20 VND to 22,780 VND/USD (buying) and 22,850 VND/USD (selling).

Techcombank adjusted the buying rate up 20 VND to 22,755 VND/USD and the selling rate up 10 VND to 22,845 VND/USD.

The daily reference exchange rate opened the week on May 28 with an increase of 7 VND.-VNA