Business

Reference exchange rate up 10 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,151 VND/USD on May 12, up 10 VND from the previous day.
Reference exchange rate up 10 VND ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate for the US dollar at 23,151 VND/USD on May 12, up 10 VND from theprevious day.

With thecurrent trading band of +/-3 percent, the ceiling rate applicable to commercialbanks during the day is 23,844 VND/USD and the floor rate 22,444 VND/USD.

Theopening-hour rates at commercial banks saw a strong rise.

At 8:30 am,Vietcombank listed the buying rate at 22,880 VND/USD and the selling rate at23,190 VND/USD, both unchanged from May 11.

Meanwhile, BIDV added 115 VND to both rates, listing at 22,910 VND/USD (buying) and 23,190 VND/USD(selling)./.
VNA
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