The State Bank of Vietnam set the daily reference exchange rate at 23,259 VND per USD on May 19, down 6 VND from the previous day.
With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,956 VND/USD and the floor rate 22,561 VND/USD.
The opening hour rates at some commercial banks saw a strong decline.
At 8:25 am, Vietcombank listed the buying rate at 23,220 VND/USD and the selling rate at 23,430 VND/USD, down 20 VND from the same period on May 12.
BIDV also reduced both rates by 20 VND, listing the buying rate at 23,250 VND/USD, and the selling rate at 23,430 VND/USD.
Meanwhile, Techcombank revised down both rates by 26 VND, listing the buying rate at 23,234 VND/USD, and the selling rate at 23,434 VND/USD./.
VNA
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