Business

Reference exchange rate down 15 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,263 VND/USD on November 11, down 15 VND from the last working day of the previous week.

Thedaily reference exchange rate for the US dollar is set at 24,263 VND/USD on November 11. (Photo: VNA)
Thedaily reference exchange rate for the US dollar is set at 24,263 VND/USD on November 11. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,263 VND/USD on November 11, down 15 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,450 VND/USD and the floor rate 23,400 VND/USD.

At major commercial banks, the opening hour rates saw decreases.

At 9:00am, Vietcombank listed the buying rate at 25,115 VND/USD and the selling rate at 25,445 VND/USD, down 76 VND and 46 VND from November 8, respectively.

BIDV posted the buying rate at 25,116 VND/USD and the selling rate at 25,476 VND/USD, down 75 VND and down 15 VND, respectively./.

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