Hanoi (VNA) – The State Bank of Vietnam set the reference exchangerate at 22,578 VND/USD on May 10, up 10 VND from the previous day.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,269 VND/USD and the floor rate 21,825VND/USD.
The reference exchange rate has been rising since the beginning of theweek (May 7). It went up 6 VND on Monday (May 7), another 6 VND on May 8, and 2VND on May 9.
The opening hour rates at major commercial banks stayed stable, withVietcombank and BIDV keeping both rates unchanged from May 9, at 22,735 VND/USD(buying) and 22,805 VND/USD (selling). The rates have remained unchanged fromMay 7 at these two banks.
Vietinbank raised both rates by 1 VND, listing the buying rate at 22,738VND/USD and selling rate at 22,808 VND/USD. Compared to May 7, the rates listedat Vietinbank went up by 3 VND/USD.-VNA
The State Bank of Vietnam set the daily reference exchange rate at 22,487 VND/USD on the first day of the week (April 16), down 5 VND from the last day of previous week (April 13).
The State Bank of Vietnam continued to increase the reference exchange rate on May 3, setting the rate at 22,557 VND/USD, up 9 VND from the previous day.
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Illustrative image (Source: Vietcombank) 
