Reference exchange rate up 1 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,179 VND per USD on May 7, up 1 VND from the rate on the previous day.

The State Bank of Vietnam set the daily reference exchange rate at 23,179 VND per USD on May 7 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate at 23,179 VND per USD on May 7, up 1 VND from therate on the previous day.

With the current trading band of  +/-3 percent, theceiling rate applied to commercial banks during the day is 23,874 VND/USD andthe floor rate 22,484 VND/USD.

The rates listed at commercial banks saw fluctuations.

At 8:25 am, Vietcombank listed the buying rate at 22,950VND/USD and the selling rate 23,160 VND/USD, both rising 10 VND from May 6.

Meanwhile, BIDV kept both rates unchanged from theprevious day, listing the buying rate at 22,965 VND/USD and the selling rate23,165 VND/USD.

Similarly, Vietinbank maintained both rates at 22,955VND/USD (buying) and 23,165 VND/USD (selling)./.

VNA

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