Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,962 VND/USD on May 21, down 6 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,210 VND/USD and the floor rate 23,714 VND/USD.
At 8:20 am, the opening-hour rates at major commercial banks saw increases.
Both Vietcombank and BIDV listed the buying rate at 25,780 VND/USD and the selling rate at 26,140 VND/USD, up 20 VND from the May 20 morning session./.

Reference exchange rate down 10 VND on May 16
The daily reference exchange rate for the US dollar fell 10 VND from the previous day to stand at 24,960 VND/USD on May 16.