Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate for May 18 at 22,590 VND/USD, up 6 VND from the previous day.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,267 VND/USD and the floor rate 21,913VND/USD.
The opening hour rates at commercial banks saw slight rises.
Vietcombank and BIDV are listing their rates at 22,740 VND/USD (buying)and 22,810 VND/USD (selling), both up 5 VND from rates on May 17.
Techcombank also raised both rates by 5 VND, buying the greenback at22,720 VND/USD and selling at 22,820 VND/USD.
This week the daily reference exchange rate went down for the first twodays but the trend was reversed on Wednesday (May 16). The rate has beenadjusted up for three consecutive days to Friday.
Commercial banks kept their rates unchanged from the beginning of theweek to Thursday (May 17) before raising them today. -VNA
The State Bank of Vietnam set the daily reference exchange rate on May 14 at 22,550 VND/USD, down 10 VND from the last working day of previous week (May 11).
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Illustrative Image (Source: VNA) 
