The State Bank of Vietnam set the reference exchange rate at 22,548 VND/USD on May 2, up 9 VND from the rate on the last day before the four-day holiday from April 28 to May 1.
Hanoi (VNA) – The State Bank of Vietnam set the reference exchangerate at 22,548 VND/USD on May 2, up 9 VND from the rate on the last day beforethe four-day holiday from April 28 to May 1.
With the current trading band of +/- 3 percent, the ceiling rate appliedto commercial banks during the day is 23,241 VND/USD and the floor rate 21,797VND/USD.
The opening hour rates at major commercial banks saw light fluctuationscompared to April 27.
Vietcombank raised both rates by 5 VND, listing the buying rate at 22,735VND/USD (buying) and 22,805 VND/USD (selling).
Meanwhile, the rates at BIDV were down 5 VND, standing at 22,730 VND/USD(buying) and 22,800 VND/USD (selling).
Vietinbank cut both rates by 6 VND, listing the buying rate at 22,726VND/USD and the selling rate at 22,796 VND/USD. -VNA
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Illustrative image (Source: VNA) 
