Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,938 VND/USD on May 6, 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 26,185 VND/USD and the floor rate 23,691 VND/USD.
At 8:15 am, the opening-hour rates at major commercial banks saw declines.
Vietcombank listed the buying rate at 25,775 VND/USD and the selling rate at 26,135 VND/USD, both down 55 VND.
BIDV also cut both rates by 50 VND, posting the buying rate at 25,770 VND/USD and the selling rate at 26,130 VND/USD./.
Reference exchange rate down at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,944 VND/USD on May 5, down 12 VND from the day before the April 30 – May 1 holidays.