Business

Reference exchange rate up 2 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,142 VND/USD on May 19, up 2 VND from the previous day.
Reference exchange rate up 2 VND ảnh 1Illustrative image. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for theUS dollar at 23,142 VND/USD on May 19, up 2 VND from the previous day.

With thecurrent trading band of +/-3 percent, the ceiling rate applicable to commercialbanks during the day is 23,836 VND/USD and the floor rate 22,447 VND/USD.

Theopening-hour rates at some commercial banks slightly rose.

At 8:30 am,BIDV listed the buying rate at 23,005 VND/USD and the selling rate at 23,285VND/USD, both up 5 VND compared to the closuring rates on May 18.

Meanwhile,Vietcombank also adjusted both rates up by 5 VND compared to the closuringrates on the previous day, listing at 22,975 VND/USD (buying) and 23,285VND/USD (selling)./.
VNA
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