Reference exchange rate up 12 VND on May 25

Illustrative image. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,696 VND/USD on May 25, up 12 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 24,880 VND/USD and the floor rate 22,511 VND/USD.

The opening hour rates at commercial banks decreased.

At 9:30 am, Vietcombank listed the buying rate at 23,270 VND/USD and the selling rate at 23,640 VND/USD, both down 20 VND from the end of May 24.

Meanwhile, BIDV cut the buying rate by 20 VND to 23,320 VND/USD and the selling rate by 35 VND to 23,620 VND/USD./.

VNA