Reference exchange rate down 10 VND at week’s beginning

Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,123 VND/USD on November 8, down 10 VND from the last working day of previous week (November 5).

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,816 VND/USD and the floor rate 22,429 VND/USD.

The opening-hour rate at commercial banks remained stable.

At 8:30 am, Vietcombank listed the buying rate at 22,540 VND/USD and the selling rate 22,770 VND/USD, unchanged from November 5.

BIDV also kept both rates unchanged at 22,575 VND/USD (buying) and 22,775 VND/USD (selling).

During the week from November 1-5, the daily reference exchange rate fluctuated variably but ended the week down 7 VND from the beginning of the week./.

VNA