Reference exchange rate down 5 VND on June 1

The State Bank of Vietnam set the daily reference exchange rate at 23,256 VND per USD on June 1, down 5 VND from the last working day of previous week (May 29).

Transactions at BIDV (Source: BIDV)

Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,256 VND per USD on June 1,down 5 VND from the last working day of previous week (May 29).

 With the current trading band of +/-3 percent,the ceiling rate applied to commercial banks during the day is 23,953 VND/USDand the floor rate 22,558 VND/USD.

 The opening hour rates at commercial banks stayedstable.

At 8:25 am,Vietcombank listed the buying rate at 23,160 VND/USD and the selling rate at23,370 VND/USD, unchanged from May 29.

At BIDV, bothrates were also kept unchanged at 23,190 VND/USD (buying), and 23,370 VND/USD(selling).

 Techcombankadjusted both rates up 2 VND to 23,175 VND/USD (buying), and 23,375 VND/USD(selling).

 During the week from May 25 to 29, the dailyreference exchange rate fluctuated variably and ended the week up 1 VND fromMonday.

The rates atcommercial banks also fluctuated, mostly ending the week lower than at theweek’s beginning./.

VNA

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