Business

Reference exchange rate down 19 VND

The State Bank of Vietnam set the daily reference exchange rate on November 5 at 23,133 VND/USD, down 19 VND from the previous day.
Reference exchange rate down 19 VND ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – TheState Bank of Vietnam set the daily reference exchange rate on November 5 at 23,133VND/USD, down 19 VND from the previous day.

With the current trading bandof  +/-3 percent, the ceiling rate applicable to commercial banks during the dayis 23,826 VND/USD and the floor rate 22,439 VND/USD.

The opening-hour rates atcommercial banks saw strong reductions.

At 8:25am, Vietcombank listedthe buying rate at 22,550 VND/USD and the selling rate at 22,780 VND/USD, bothdown 50 VND.  

BIDV also cut 55 VND from bothrates, listing the buying rate at 22,575 VND/USD  and the selling rate at 22,775 VND/USD.

During the week from November1-5, the daily reference exchange rate fluctuated variably but ended the weekdown 7 VND from that on Monday./.
VNA
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