Reference exchange rate down 32 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,057 VND/USD on May 31, down 32 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,748 VND/USD and the floor rate is 22,365 VND/USD.

The opening-hour rates at commercial banks remained stable.

At 8:27 am, Vietcombank listed the buying rate at 23,020 VND/USD, and the selling rate at 23,330 VND/USD, both unchanged from the rates at the end of May 30.

BIDV also kept both rates unchanged, listing at 23,040 VND/USD (buying) and 23,320 VND/USD (selling)./.

Source: Vietnam News Agency

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