Reference exchange rate down 20 VND

The State Bank of Viet Nam set the daily reference exchange rate for the US dollar at 23,140 VND/USD on May 18, down 20 VND from the previous day.
Reference exchange rate down 20 VND
Illustrative image. (Photo: VNA)

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,834 VND/USD and the floor rate 22,445 VND/USD.

The opening-hour rates at some commercial banks saw fluctuations.

At 8:30 am, BIDV added 5 VND to both rates, listing the buying rate at 22,986 VND/USD and the selling rate at 23,265 VND/USD.

Meanwhile, Vietcombank also adjusted both rates down by 5 VND, listing at 22,955 VND/USD (buying) and 23,265 VND/USD (selling).

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(Source: VNA)