Reference exchange rate up 5 VND
The State Bank of Vietnam set the reference VND/USD exchange rate at 22,358 VND/USD on May 8, up 5 VND from the end of last week.
The reference VND/USD exchange rate is set at 22,358 VND/USD on May 8, up 5 VND from the end of last week (Photo: VNA)Hanoi (VNA) – The State Bank of Vietnam set the reference VND/USD exchange rate at 22,358 VND/USD on May 8, up 5 VND from the end of last week.
With the current +/- 3 percent VND/USD trading band, the ceiling exchange rate is 23,027 VND per USD and the floor rate is 21,688 VND per USD.
Commercial banks reduced their rates slightly in the opening hours.
Vietcombank listed the buying rate at 22,690 VND/USD and the selling rate at 22,760 VND/USD, down 10 VND from the end of last week.
BIDV cut its buying and selling rates by 10 VND to 22,690 VND and 22,760 VND, per USD.
Vietinbank raised its buying rate by 10 VND to 22,700 VND and kept its selling rate unchanged at 22,770 VND, per USD.-VNA
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