Business

Reference exchange rate continues downward trend on February 11

The State Bank of Vietnam set the daily reference exchange rate at 25,050 VND/USD on February 11, down 5 VND from the previous day.

The reference exchange rate drops 5 VND to 25,050 VND/USD on February 11. (Photo: VNA)
The reference exchange rate drops 5 VND to 25,050 VND/USD on February 11. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,050 VND/USD on February 11, down 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,303 VND/USD, and the floor rate 23,798 VND/USD.

At 9:15, the buying and selling rates at major commercial banks saw mixed fluctuations.

Vietcombank listed the buying rate at 25,730 VND/USD and the selling rate at 26,010 VND/USD, both up 15 VND from the February 10 morning session.

Meanwhile, BIDV cut both rates by 14 VND to 25,701 VND/USD (buying) and 26,081 VND/USD (selling)./.

VNA
#State Bank of Vietnam #exchange rate #commercial banks
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