Business

Reference exchange rate continues to drop on December 5

The daily reference exchange rate is at 25,151 VND/USD on December 5, down 1 VND from the previous day.

The daily reference exchange rate is at 25,151 VND/USD on December 5. (Photo: VNA)
The daily reference exchange rate is at 25,151 VND/USD on December 5. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,151 VND/USD on December 5, down 1 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,409 VND/USD, and the floor rate 23,893 VND/USD.

At 8:20am, the buying and selling rates at major commercial banks also declined.

Both Vietcombank and BIDV listed the buying rate at 26,168 VND/USD and the selling rate at 26,408 VND/USD, down 1 VND from the December 4 session./.

VNA
#State Bank of Vietnam #daily reference exchange rate #commercial banks #Vietcombank #BIDV
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