Hanoi, May 22 -- The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,955 VND/USD on May 22, down 7 VND from the previous day. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,203 VND/USD and the floor rate 23,707 VND/USD. At 8:23 am, however, the opening-hour rates at major commercial banks went up. Both Vietcombank and BIDV listed the buying rate at 25,790 VND/USD and the selling rate at 26,150 VND/USD, up 10 VND from the May 21 morning session./.

Published by HT Digital Content Services with permission from Vietnam News Agency....