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Reference exchange rate down 3 VND at week’s beginning
Vietnamplus - 5/16/2022 1:57:27 PM
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 The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,160 VND/USD on May 16, down 3 VND from the last working day of previous week (May 13).
 
With the current trading band of /-3 percent, the ceiling rate applicable to commercial banks during the day is 23,854 VND/USD and the floor rate 22,454 VND/USD.
 
The opening-hour rates at some commercial banks rose.
 
At 8:30 am, BIDV added 5 VND to both rates, listing the buying rate at 22,955 VND/USD (buying) and 23,235 VND/USD (selling).
 
Meanwhile, Vietcombank kept both rates unchanged at 22,920 VND/USD (buying) and 23,230 VND/USD (selling).
 
During the week from May 9-13, the daily reference exchange rate followed an upward trend for most of the day, except for Wednesday, and ended the week up 25 VND./.
VNA
 
Read original article here
 
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