Reference exchange rate up 8 VND on May 11
The State Bank of Vietnam set the daily reference exchange rate at 23,640 VND/USD on May 12, up 8 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 24,820 VND/USD and the floor rate 22,460 VND/USD. |
With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,820 VND/USD and the floor rate 22,460 VND/USD.
The opening hour rates at commercial banks stayed stable.
At 8:30am, BIDV listed the buying rate at 23,315 VND/USD, and the selling rate at 23,615 VND/USD, unchanged from the end of May 11.
Similarly, Vietcombank also kept both rates unchanged, listing at 23,270 VND/USD (buying) and 23,640 VND/USD (selling).
(Source: VNA)
