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Reference exchange rate continues to go down

The State Bank of Vietnam continued to adjust the daily reference exchange rate down on November 9 to 22,723 VND per USD, 2 VND lower than the rate on the previous day (November 8).
Reference exchange rate continues to go down ảnh 1State Bank of Vietnam continues to adjust the daily reference exchange rate down on November 9 to 22,723 VND per USD (Source: Vietcombank)

Hanoi (VNA) - TheState Bank of Vietnam continued to adjust the daily reference exchange rate downon November 9 to 22,723 VND per USD, 2 VND lower than the rate on the previousday (November 8).

 With the current trading band of + /- 3percent, the ceiling rate applied to commercial banks during the day is 23,404VND/USD and the floor rate 22,042 VND/USD.

The opening hour rates atcommercial banks fluctuated depending on each bank.

 Vietcombank reduced both rates by 20 VND,listing the buying rate at 23,270 VND/USD and the selling rate at 23,360VND/USD.

BIDV kept both rates unchangedfrom November 8, listing the buying rate at 23,275 VND/USD and the selling rateat 23,365 VND/USD.

 Techcombank kept the buying rate unchanged at 23,260VND/USD and raised the selling rate by 5 VND to 23,370 VND/USD.

In the week from Nov 5-9, thereference exchange rate was adjusted down on Monday to 22,725 VND per USD, butup on the next two days. The trend was reversed on Thursday and the rate endedthe week at 22,723 VND/USD.

The rates listed at commercialbanks saw slight fluctuations throughout the week, with the rates atVietcombank ending the week lower than the rates at the week’s start.

The rates at BIDV changed duringthe week but ended the week at the same level as on Monday.

Meanwhile, the rates atTechcombank ended the week slightly higher than the rates on Monday. -VNA
VNA
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