Reference exchange rate down 20 VND

Illustrative image (Photo: VNA)

Hanoi(VNA) - The State Bank of Vietnam set the daily reference exchange rate for theUS dollar at 23,140 VND/USD on May 18, down 20 VND from the previous day.

With thecurrent trading band of  +/-3 percent, the ceiling rate applicable to commercialbanks during the day is 23,834 VND/USD and the floor rate 22,445 VND/USD.

Theopening-hour rates at some commercial banks saw fluctuations.

At 8:30 am,BIDV added 5 VND to both rates, listing the buying rate at 22,986 VND/USD andthe selling rate at 23,265 VND/USD.

Meanwhile,Vietcombank also adjusted both rates down by 5 VND, listing at 22,955 VND/USD(buying) and 23,265 VND/USD (selling)./.

VNA