The State Bank of Vietnam continued to raise the daily reference exchange rate for the second consecutive day on May 8, setting the rate at 22,566 VND/USD on May 8, up 6 VND from the previous day.
Daily reference exchange rate raised to 22,566 VND/USD on May 8, up 6 VND from the previous day (Source: VNA)
Hanoi (VNA) – The State Bank of Vietnam continued to raise thedaily reference exchange rate for the second consecutive day on May 8, settingthe rate at 22,566 VND/USD, up 6 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is23,257 VND/USD and the floor rate 21,813 VND/USD.
The opening hour rates at majorcommercial remained stable.
The greenback is being bought at22,735 VND/USD and sold at 22,805 VND/USD at Vietcombank and BIDV, unchangedfrom the rates on May 7.
Vietinbank added 3 VND to bothrates, listing the buying rate at 22,738 VND/USD and the selling rate at 22,808VND/USD.
The reference exchange rate on May 7 was up 6 VND from the last workingday of previous week (May 4). -VNA
The State Bank of Vietnam set the reference exchange rate at 22,548 VND/USD on May 2, up 9 VND from the rate on the last day before the four-day holiday from April 28 to May 1.
The State Bank of Vietnam continued to increase the reference exchange rate on May 3, setting the rate at 22,557 VND/USD, up 9 VND from the previous day.
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Daily reference exchange rate raised to 22,566 VND/USD on May 8, up 6 VND from the previous day (Source: VNA) 
