Business

Reference exchange rate down 9 VND on June 5

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,995 VND/USD on June 5, down 9 VND from the previous day.

Illustrative photo (Photo: VNA)
Illustrative photo (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,995 VND/USD on June 5, down 9 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,245 VND/USD and the floor rate 23,745 VND/USD.

At 8:10 am, the opening-hour rates at major commercial banks also saw increases.

Vietcombank listed the buying rate at 25,894 VND/USD and the selling rate at 26,254 VND/USD, up 24 VND from June 3 morning.

BIDV raised both rates by 14 VND to 25,884 VND/USD (buying) and 26,244 VND/USD (selling)./.

VNA
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