Business

Reference exchange rate goes up on May 22

The State Bank of Vietnam raised the daily reference exchange rate for May 22 to 22,595 VND/USD, up 5 VND from the previous day.
Reference exchange rate goes up on May 22 ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam raised the dailyreference exchange rate for May 22 to 22,595 VND/USD, up 5 VND from theprevious day.

With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,272 VND/USD and the floor rate 21,918VND/USD.

Meanwhile, the opening hour rates at major commercial banks declinedslightly compared to May 21.

Both Vietcombank and BIDV are listing their buying rate at 22,740VND/USD and selling rate at 22,810 VND/USD, down 5 VND.

Techcombank kept its rates unchanged at 22,725 VND/USD (buying) and22,825 VND/USD (selling).-VNA
VNA
#State Bank of Vietnam #reference exchange rate #trading band #commercial banks #Vietcombank and BIDV #Techcombank #Vietnamplus #Vietnam News #Vietnam News Agency
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