Reference exchange rate up 8 VND on May 12

Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,640 VND/USD on May 12, up 8 VND from the previous day.

With the current trading band of /- 5%, the ceiling rate applied to commercial banks during the day is 24,820 VND/USD and the floor rate 22,460 VND/USD.

The opening hour rates at commercial banks stayed stable.

At 8:30am, BIDV listed the buying rate at 23,315 VND/USD, and the selling rate at 23,615 VND/USD, unchanged from the end of May 11.

Similarly, Vietcombank also kept both rates unchanged, listing at 23,270 VND/USD (buying) and 23,640 VND/USD (selling)./.

VNA