The State Bank of Viet Nam set the daily reference exchange rate for May 30 at VND22,590 per US dollar, down by 15 Viet Nam đồng from the previous day.
Foreign investors may increase their ownership rate at PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) to more than their previous ceiling rate of 49 per cent.
The dollar jumped yesterday to trade at the ceiling rate set by the
State Bank of Viet Nam for commercial banks while the US currency was
even stronger in unofficial trading.
Vietcombank early this week cut its monthly deposit
interest rate for the dong to 6 per cent, 1.5 per cent lower than the
ceiling rate stipulated by the State Bank of Viet Nam.