Reference exchange rate continues upward trend

The State Bank of Vietnam set the daily reference exchange rate at 23,178 VND per USD on May 6, up 2 VND from the rate on the previous day.

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,873 VND/USD and the floor rate 22,483 VND/USD.

The rates listed at commercial banks stayed stable.

At 8:25 am, Vietcombank listed the buying rate at 22,940 VND/USD and the selling rate 23,150 VND/USD, unchanged from May 5.

BIDV also kept both rates unchanged, listing the buying rate at 22,965 VND/USD and the selling rate 23,165 VND/USD.

Similarly, Vietinbank maintained both rates at 22,955 VND/USD (buying) and 23,165 VND/USD (selling).

Source: Vietnam News Agency