Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,118 VND/USD on May 11, up 6 VND from the last working day of the previous week.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,374 VND/USD, and the floor rate 23,862 VND/USD.
The opening-hour buying and selling rates at major commercial banks also increased from the May 8 session.
At 8:30, both Vietcombank and BIDV listed the buying at 26,123 VND/USD and the selling rate at 26,373 VND/USD, up 6 VND from the previous session./.
Reference exchange rate revised down on May 8
The State Bank of Vietnam set the daily reference exchange rate at 25,112 VND/USD on May 8, down 1 VND from the previous day.