Reference exchange rate stays flat at week’s beginning

The daily reference exchange rate for May 21 is unchanged. (Photo: VNA)

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,267 VND/USD and the floor rate 21,913 VND/USD. 

The opening hour rates at commercial banks saw slight rises, furthering the trend from May 18. 

Vietcombank and BIDV are listing their rates at 22,745 VND/USD (buying) and 22,815 VND/USD (selling), both up 5 VND from rates on May 18. 

Techcombank also raised both rates by 5 VND, buying the greenback at 22,725 VND/USD and selling at 22,825 VND/USD. 

During last week (May 14 to 18), the daily reference exchange rate went down for the first two days but the trend was reversed on Wednesday (May 16) with the rate adjusted up for three consecutive days to Friday. 

Commercial banks kept their rates unchanged from the beginning of the week to May 17) before raising them on May 18./.

VNA