Vietnam increases reference exchange rate


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HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week.

With the current trading band of plus or minus 3 per cent, the ceiling exchange rate is 23,955 Vietnamese dong per US dollar, and the floor rate is 22,559 Vietnamese dong per U.S. dollar, said the State Bank of Vietnam.

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