The daily reference exchange rate was set at 23,265 VND per USD on May 18 (Photo: VNA) Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at23,265 VND per USD on May 18, up 2 VND from the last working day of previous week.
With thecurrent trading band of +/-3 percent, the ceiling rate applied to commercialbanks during the day is 23,962 VND/USD and the floor rate 22,564 VND/USD.
The opening hour rates at some commercialbanks saw slight fluctuations.
At 8:25am,Vietcombank listed the buying rate at 23,240 VND/USD and the selling rate at23,450 VND/USD, unchanged from May 15.
At BIDV, bothrates were adjusted down 10 VND to 23,270 VND/USD (buying), and 23,450 VND/USD(selling).
Meanwhile, Techcombankraised both rates by 3 VND, listing the buying rate at 23,260 VND/USD, and theselling rate at 23,460 VND/USD.
During the week from May 11-15, the dailyreference exchange rate followed a downward trend on the first three days, thenturned around to go up on the last two days. It ended the week 11 VND higherthan at the week’s beginning.
The rates at commercial banks fluctuatedvariably, but mostly ended the week 10-20 VND higher per USD than on Monday./.
VNA
