Business

Reference exchange rate down 9 VND

The State Bank of Vietnam reduced the daily reference exchange rate for May 23 to 22,584 VND/USD, down 9 VND from the previous day.
Reference exchange rate down 9 VND ảnh 1The daily reference exchange rate for May 23 is set at 22,584 VND/USD (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam reduced the dailyreference exchange rate for May 23 to 22,584 VND/USD, down 9 VND from theprevious day.

With the current trading band of  +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,261 VND/USD and the floor rate 21,917VND/USD.

The opening hour rates atcommercial banks saw uneven fluctuations on the downward trend.

Vietcombank cut both rates by 5 VND, listing the buying rate at 22,735VND/USD and the selling rate at 22,805 VND/USD.

BIDV kept both rates unchanged from May 22, at 22,740 VND/USD (buying)and 22,810 VND/USD (selling).

Meanwhile, Techcombank reduced both rates by 10 VND, listing the buyingrate at 22,715 VND/USD and the selling rate at 22,815 VND/USD.

The trend for the reference exchange rate was mix this week when therate opened the week on May 21 flat, but was revised up the next day then downtoday.

The rates listed at commercial bank saw slight fluctuations, up onMonday and down on Tuesday.-VNA
VNA
#State Bank of Vietnam #daily reference exchange rate #ceiling exchange rate #floor exchange rate #commercial banks #buying rate #selling rate #VND/USD #updated Vietnam news #Vietnamplus #Vietnam News Agency
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