Reference exchange rate slightly drops on May 25

The State Bank of Vietnam set the daily reference exchange rate at 23,158 VND per USD on May 25 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,158 VND per USD on May 25, down by 2 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,853 VND/USD and the floor rate 22,463 VND/USD.

The rates listed at commercial banks saw slight rises.

At 8:30 am, Vietcombank listed the buying rate at 22,930 VND/USD and the selling rate 23,160 VND/USD, up 5 VND from the same-hour rates on May 24.

BIDV added 5 VND to both rates, listing the buying rate at 22,960 VND/USD and the selling rate at 23,160 VND/USD./.

VNA