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Reference exchange rate unchanged on May 31

The State Bank of Vietnam set the daily reference exchange rate at 23,714 VND/USD on May 31, unchanged from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 24,899 VND/USD and the floor rate 22,528 VND/USD.

The opening hour rates at commercial banks decreased.

At 8:15am, Vietcombank listed the rates at 23,280 VND/USD (buying) and at 23,650 VND/USD (selling), both down 5 VND from the end of May 30.

Meanwhile, BIDV kept both rates unchanged at 23,28335 VND/USD and the selling rate at 23,635 VND/USD./.

Source: Vietnam News Agency

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