Reference exchange rate on May 9: Set at 23,621 VND/USD, up 3 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,621 VND/USD on May 9, up 3 VND from the previous day.
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With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,801 VND/USD and the floor rate 22,441 VND/USD.
The opening hour rates at commercial banks increased.
At 8am, Vietcombank listed the buying rate at 23,260 VND/USD, and the selling rate at 23,630 VND/USD, unchanged from the end of May 8.
Meanwhile, BIDV raised both rates by 4 VND, listing at 23,300 VND/USD (buying) and 23,600 VND/USD (selling).
(Source: VNA)