Business

Reference exchange rate up by 5 VND on May 2

The State Bank of Vietnam set the daily reference exchange rate at 23,033 VND/USD on the morning of May 2, up by 5 VND from the day earlier.
Reference exchange rate up by 5 VND on May 2 ảnh 1Transactions at Techcombank (Source: Techcombank)

Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,033 VND/USD on the morning of May 2, up by 5 VND from theday earlier.

With the current trading band of +/- 3 percent, the ceiling rate applied bycommercial banks for the day is 23,724 VND/USD and the floor rate is 22,342VND/USD.

Commercial banks continued to adjust their rates up.

At 8:15, Vietcombank posted the buying rate at 23,230 VND/USD and theselling rate at 23,330 VND/USD, unchanged for days.

BIDV also offered the rates at 23,230-23,330 VND/USD, unchanged fromlast week.

Techcombank did not change it rates, posting 23,210 VND/USD (buying) and 23,330VND/USD (selling).-VNA 
VNA
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