The State Bank of Vietnam sets the daily reference exchange rate at 22,548 VND/USD on May 15. (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate at 22,548 VND/USD on May 15, down 2 VND from the previous day.
With the current trading band of + /- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,224 VND/USD and the floor rate 21,872VND/USD.
The opening hour rates at most major commercial banks remained unchangedfrom May 14.
The greenback is being bought at 22,735 VND/USD and sold at 22,805VND/USD at Vietcombank and BIDV, the same as on the previous day.
Techcombank also kept both rates unchanged at 22,715 VND/USD (buying) and22,815 VND/USD (selling).
The daily reference exchange rate has been on a downward trend since May11 after going up for most of the week from May 7.
However, the rates listed at major commercial banks remained stable recentlywith only slight fluctuations.-VNA