Reference exchange rate up 12 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,652 VND/USD on May 15, up 12 VND from the last working day of previous week (May 12).
Hanoi (VNA) – The State Bank of Vietnam set the daily referenceexchange rate at 23,652 VND/USD on May 15, up 12 VND from the last working dayof previous week (May 12).
With the current trading band of +/- 5%, the ceiling rate applicable forcommercial bank during the day is 24,834 VND/USD and the floor rate 22,469VND/USD.
Theopening hour rates at commercial banks fluctuated variably.
At 8:15 am, BIDV listed the buying rate at 23,305 VND/USD and the selling rate at 23,605 VND/USD, bothdown 5 VND from the end of May 12.
Meanwhile,Vietcombank raised both rates by 10 VND to 23,260 VND/USD (buying) and 23.,630 VND/USD (selling)./.
The State Bank of Vietnam set the daily reference exchange rate at 23,618 VND/USD on May 8, down 4 VND from the last working day of previous week (May 5).
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Illustrative photo (Photo:Vietnam+) 
