Reference exchange rate down 13 VND on May 5

The State Bank of Vietnam set the daily reference exchange rate at 23,622 VND/USD on May 5, down 13 VND from the previous day. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,622 VND/USD on May 5, down 13 VND from the previous day.

With the current trading band of /- 5%, the ceiling rate applied to commercial banks during the day is 24,802 VND/USD and the floor rate 22,442 VND/USD.

The opening hour rates at commercial banks continued a downward trend.

At 8:30 am, Vietcombank listed the buying rate at 23,250 VND/USD, and the selling rate at 23,620 VND/USD, both down 25 VND from the end of May 4.

Meanwhile, BIDV kept both rates unchanged at 23,300 VND/USD (buying) and 23,600 VND/USD (selling)./.

VNA