The daily reference exchange rate follows the upward trend on May 10, being set at 23,057 VND per USD, up 6 VND from the previous day (Photo: VNA)
Hanoi (VNA) - The dailyreference exchange rate follows the upward trend on May 10, being set at 23,057VND per USD, up 6 VND from the previous day (May 9).
The State Bank of Vietnam hasadjusted the reference rate up for four consecutive working days with totalgains of 27 VND this week.
With the current trading band of +/- 3 percent, the ceiling rate applied by commercial banks for the day is 23,748VND/USD and the floor rate is 22,366 VND/USD.
The opening hour rates at commercial banksalso continued to rise.
At 8:10 am, Vietcombank listedthe buying rate at 23,330 VND per USD and the selling rate at 23,450 VND perUSD, both up 30 VND from May 9.
BIDV added 40 VND to both rates,listing the buying rate at 23,340 VND/USD and the selling rate at 23,460VND/USD.
Techcombank increased the buying rate by 35VND to 23,315 VND/USD and the selling rate by 30 VND to 23,450 VND/USD.-VNA
The State Bank of Vietnam set the daily reference exchange rate at 23,030 VND per USD on May 6, unchanged from the last working day of previous week (May 3).
The State Bank of Vietnam set the daily reference exchange rate at 23,046 VND per USD on May 8, up 6 VND from the previous day (May 7) and the highest level ever.
The reference exchange rate and exchange rates of commercial banks have increased continuously in recent days, with the reference exchange rate making its record high on May 8 at 23,046 VND. However, economists said that there is nothing to worry about this situation.
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The daily reference exchange rate follows the upward trend on May 10, being set at 23,057 VND per USD, up 6 VND from the previous day (Photo: VNA) 
