Reference exchange rate revised down 5 VND
The State Bank of Vietnam set the daily reference exchange rate at 23,251 VND per USD on June 2, down 5 VND from the previous day.
Illustrative image (Source: VNA
With the current trading band of /-3 percent, the ceiling rate applied to commercial banks during the day is 23,948 VND/USD and the floor rate 22,553 VND/USD.
The opening hour rates at commercial banks saw strong reductions.
At 8:25 am, Vietcombank listed the buying rate at 23,140 VND/USD and the selling rate at 23,350 VND/USD, both down by 20 VND.
BIDV posted the buying rate at 23,157 VND/USD and the selling rate at 23,335 VND/USD, down 33 VND and 35 VND respectively.
Techcombank revised both rates down 17 VND to 23,158 VND/USD (buying), and 23,358 VND/USD (selling).