Business

Reference exchange rate down 4 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,618 VND/USD on May 8, down 4 VND from the last working day of previous week (May 5).
Reference exchange rate down 4 VND at week’s beginning ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the dailyreference exchange rate at 23,618 VND/USD on May 8, down 4 VND from the lastworking day of previous week (May 5).

With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 24,798 VND/USD andthe floor rate 22,438 VND/USD.

The opening hour rates at commercial banks fluctuatedvariably.

At 8:30 am, Vietcombank listed the buying rate at23,260 VND/USD, and the selling rate at 23,630 VND/USD, both up 10 VND from theend of May 5.

Meanwhile, BIDV reduced both rates by 4 VND,listing at 23,296 VND/USD (buying) and 23,596 VND/USD (selling)./.
VNA
#State Bank of Vietnam #reference exchange rate #VND/USD exchange rate #Vietcombank #Vietnam #Vietnam news #Vietnam News Agency
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