Reference exchange rate up 15 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,257 VND per USD on May 25, up 15 VND from the last working day of previous week (May 22).
Hanoi(VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,257VND per USD on May 25, up 15 VND from the last working day of previous week(May 22).
With thecurrent trading band of +/-3 percent, the ceiling rate applied to commercialbanks during the day is 23,954 VND/USD and the floor rate 22,560 VND/USD.
The openinghour rates at some commercial banks saw slight fluctuations.
At 8:25am,Vietcombank listed the buying rate at 23,150 VND/USD and the selling rate at23,360 VND/USD, unchanged from May 22.
Techcombankalso kept both rates unchanged at 23,200 VND/USD (buying), and 23,400 VND/USD(selling).
At BIDV, bothrates were adjusted up 30 VND to 23,220 VND/USD (buying), and 23,400 VND/USD(selling).
During theweek from May 18-22, the daily reference exchange rate was adjusted up onMonday then followed a downward trend for the rest of the week. It ended theweek 23 VND lower than at the week’s beginning.
The rates atcommercial banks fluctuated variably, but mostly ended the week 90-104 VNDlower per USD than on Monday./.
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Transactions at Techcombank (Photo: VNA) 
