Reference exchange rate down 20 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,089 VND/USD on May 30, down 20 VND from the last working day of previous week (May 27).
Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate for the US dollar at 23,089 VND/USD on May 30, down 20VND from the last working day of previous week (May 27).
With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,781 VND/USDand the floor rate 22,396 VND/USD.
The opening-hour rates at commercial banks also dropped.
At 8:27 am, Vietcombank listed the buying rate at23,020 VND/USD, and the selling rate at 23,330 VND/USD, both down 10 VND fromthe rates at the end of May 27.
BIDV also reduced both rates by 5 VND to 23,050VND/USD (buying) and 23,330 VND/USD (selling).
During the week from May 23-27, the dailyreference exchange rate were adjusted down on the first two days but thenturned around to follow an upward trend. It ended the week up 8 VND from therate at the week’s beginning./.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,117 VND/USD on May 23, down 28 VND from the last working day of the previous week (May 20).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,107 VND/USD on May 24, down 14 VND from the previous working day.
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Illustrative photo (Source: VNA) 
