Business

Reference exchange rate up 4 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,149 VND per USD on May 12, up 4 VND from the previous day.
Reference exchange rate up 4 VND ảnh 1Illustrative  image (Photo: VNA)

Hanoi (VNA) – The StateBank of Vietnam set the daily reference exchange rate at 23,149 VND per USD onMay 12, up 4 VND from the previous day.

With the current trading bandof  +/-3 percent, the ceiling rate applied to commercial banks during the day is23,844 VND/USD and the floor rate 22,454 VND/USD.

The rates listed by commercialbanks showed slight fluctuations.

At 8:25 am, Vietcombank listedthe buying rate at 22,930 VND/USD and the selling rate at 23,160 VND/USD, bothup 10 VND from May 11.

Meanwhile, BIDV reduced bothrates by 2 VND to 22,955 VND/USD (buying) and 23,155 VND/USD (selling).

Vietinbank cut 5 VND from bothrates, listed the buying rate at 22,942 VND/USD and the selling rate at 23,152VND/USD./.

VNA
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