The State Bank of Vietnam set the daily reference exchange rate at 23,066 VND per USD on May 24, up 3 VND from the previous day (Photo: VNA)
Hanoi (VNA) – The StateBank of Vietnam set the daily reference exchange rate at 23,066 VND per USD onMay 24, up 3 VND from the previous day.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,757 VND per USD and the floor rate at 22,375 VND/USD.
The opening hour rates at commercialbanks saw slight rises compared to May 23.
At 8:15am, Vietcombank listedthe buying rate at 23,335 VND/USD and the selling rate at 23,455 VND/USD, bothup 5 VND from the same time on May 23.
BIDV raised both rates by 10 VNDto 23,340 VND/USD (buying) and 23,460 VND/USD (selling).
Meanwhile, Techcombank kept bothrates unchanged at 23,310 VND/USD (buying) and 23,450 VND/USD (selling).
This week (from May 20 to 24), the daily referenceexchange rate was adjusted up on Monday and kept unchanged on the next daybefore going down for two consecutive days. It was raised again on the last dayof the week.
As a result, the rate ended the week down 3 VND fromthe week’s first day.-VNA
The monetary market’s liquidity has remained stable and foreign currency supply and demand are relatively balanced amidst the uptrend of USD/VND exchange rates over the last few days, an official from the State Bank of Vietnam (SBV) has assured.
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The State Bank of Vietnam set the daily reference exchange rate at 23,066 VND per USD on May 24, up 3 VND from the previous day (Photo: VNA) 
