Business

Reference exchange rate rises 2 VND on May 29

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,396 VND/USD, and the floor rate 23,882 VND/USD.

The daily reference exchange rate is at 25,139 VND/USD on May 29. (Photo: VNA)
The daily reference exchange rate is at 25,139 VND/USD on May 29. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,139 VND/USD on May 29, up 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,396 VND/USD, and the floor rate 23,882 VND/USD.

The opening-hour buying and selling rates at major commercial banks saw mixed changes from the May 28 trading session.

At 8:35am, both Vietcombank and BIDV cut the buying rate by 18 VND to 26,125 VND/USD, but raised the selling rate by 2 VND to 26,395 VND/USD./.

VNA
#reference exchange rate #State Bank of Vietnam #commercial banks #USD/VND exchange rate
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