Reference exchange rate down 10 VND on May 20

 

The State Bank of Vietnam set the daily reference exchange rate at 23,249 VND per USD on May 20, down 10 VND from the previous day.

 

With the current trading band of+/-3 percent, the ceiling rate applied to commercial banks during the day is 23,946 VND/USD and the floor rate 22,551 VND/USD.

 

The opening hour rates at some commercial banks saw strong reductions.

 

At 8:25am, Vietcombank listed the buying rate at 23,160 VND/USD and the selling rate at 23,370 VND/USD, both down 60 VND from May 19.

 

At BIDV, both rates were adjusted down 65 VND to 23,185 VND/USD (buying), and 23,365 VND/USD (selling).

 

Meanwhile, Techcombank cut 64 VND from both rates, listing the buying rate at 23,170 VND/USD, and the selling rate at 23,370 VND/USD.

 

Source: Vietnam News Agency

 

Leave a Reply