Reference exchange rate continues to go up on May 15
Reference exchange rate continues to go up on May 15
The State Bank of Vietnam set the daily reference exchange rate at 23,263 VND per USD on May 15, up 10 VND from the previous day.
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With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,960 VND/USD and the floor rate 22,565 VND/USD.
The opening hour rates at some commercial banks also picked up.
At 8:25am, Vietcombank listed the buying rate at 23,250 VND/USD and the selling rate at 23,460 VND/USD, up 20 VND from May 14.
At BIDV, both rates were adjusted up 10 VND to 23,280 VND/USD (buying), and 23,460 VND/USD (selling).
Meanwhile, Techcombank raised both rates by 15 VND, listing the buying rate at 23,264 VND/USD, and the selling rate at 23,464 VND/USD.
During the week from May 11-15, the daily reference exchange rate followed a downward trend on the first three days, then turned around to go up on the last two days. It ended the week 11 VND higher than at the week’s beginning.
The rates at commercial banks fluctuated variably, but mostly ended the week 10-20 VND higher per USD than on Monday.
