Reference exchange rate continue to rise
The State Bank of Vietnam raised the daily reference exchange rate on December 7 by another 2 VND to 22,764 VND per USD.
A transaction at Vietcombank (Photo VNA)Hanoi (VNA) - The State Bank of Vietnam raised the daily reference exchange rate on December 7 by another 2 VND to 22,764 VND per USD.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,446 VND/USD and the floor rate 22,082 VND/USD.
The daily reference exchange rate has been on a rising trend since mid-November, gaining a total 43 VND from November 16.
The opening hour rates at commercial banks also continued to increase compared to December 6.
Vietcombank added another 10 VND to both rates, listing the buying rate at 23,280 VND/USD and the selling rate at 23,370 VND/USD.
The rates at BIDV went up 15 VND to 23,280 VND/USD (buying) and 23,370 VND/USD (selling).
At Techcombank, both rates were raised by 10 VND to 23,250 VND/USD (buying) and 23,360 VND/USD (selling).
The daily reference exchange rate has increased throughout the week from December 3-7, except for December 4. The rate gained a total of 14 VND this week.-VNA
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