The daily reference exchange rate follows the upward trend on May 10, being set at 23,057 VND per USD, up 6 VND from the previous day (May 9).
The State Bank of Vietnam has adjusted the reference rate up for four consecutive working days with total gains of 27 VND this week.
With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,748 VND/USD and the floor rate is 22,366 VND/USD.
The opening hour rates at commercial banks also continued to rise.
At 8:10 am, Vietcombank listed the buying rate at 23,330 VND per USD and the selling rate at 23,450 VND per USD, both up 30 VND from May 9.
BIDV added 40 VND to both rates, listing the buying rate at 23,340 VND/USD and the selling rate at 23,460 VND/USD.
Techcombank increased the buying rate by 35 VND to 23,315 VND/USD and the selling rate by 30 VND to 23,450 VND/USD.-VNA
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