Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,623 VND/USD on November 12, up 12 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,904 VND/USD, and the floor rate 24,342 VND/USD.
The opening-hour buying and selling rates at major commercial banks also saw increases from the November 11 trading session.
At 8:05 am, both Vietcombank and BIDV listed the buying rate at 25,470 VND/USD and the selling rate at 25,850 VND/USD, both up 50 VND./.
Reference exchange rate goes up on November 11
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,892 VND/USD, and the floor rate 24,330 VND/USD.