The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,143 VND/USD on May 10, up 8 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,836 VND/USD and the floor rate 22,436 VND/USD.

The opening-hour rates at commercial banks stayed stable.

At 8:35 am, Vietcombank listed the buying rate at 22,780 VND/USD and the selling rate at 23,090 VND/USD, both unchanged from May 9.

BIDV raised both rates by 5 VND at 22,815 VND/USD (buying) and 23,095 VND/USD (selling).

Source: Vietnam News Agency