Reference exchange rate stays stable

The State Bank of Viet Nam set the daily reference exchange rate for the US dollar at 23,128 VND/USD on May 5, unchanged from the previous day.
Illustrative image (Photo: VNA)
Illustrative image. (Photo: VNA)

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,821 VND/USD and the floor rate 22,434 VND/USD.

The opening-hour rates at commercial banks rose.

At 8:25 am, BIDV listed the buying rate at 22,830 VND/USD and the selling rate at 23,110 VND/USD, unchanged from May 4.

Vietcombank kept both rates unchanged from May 4, listing the buying rate at 22,800 VND/USD and the selling rate at 23,110 VND/USD (selling).

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(Source: VNA)