Daily reference exchange rate for May 31 is set at 22,595 VND/USD. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for May 31 at 22,595 VND/USD, up 5 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,272 VND/USD and the floor rate 21,928 VND/USD.

The opening hour rates at commercial banks saw decreases compared to May 30.

Vietcombank reduced both rates by 15 VND, listing the buying rate at 22,795 VND/USD and the selling rate at 22,865 VND/USD.

BIDV listed its rates at 22,790 VND/USD (buying) and 22,860 VND/USD (selling), both down 20 VND.

Meanwhile, Techcombank offered the buying rate at 22,765 VND/USD, and the selling rate at 22,865 VND/USD, down 35 VND in both rates.-VNA