Business

Reference exchange rate down 2 VND on November 20

The State Bank of Vietnam set the daily reference exchange rate at 25,130 VND/USD on November 20, down 2 VND from the previous day.

State Bank of Vietnam sets the daily reference exchange rate at 25,130 VND/USD on November 20 (Photo: VNA)
State Bank of Vietnam sets the daily reference exchange rate at 25,130 VND/USD on November 20 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,130 VND/USD on November 20, down 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,387 VND/USD, and the floor rate 23,874 VND/USD.

At 8:15, the opening-hour buying and selling rates at major commercial banks saw mixed fluctuations.

Vietcombank listed the buying rate at 26,166 VND/USD and the selling rate at 26,386 VND/USD, both down 2 VND from the November 19 morning session.

BIDV raised the buying rate by 2 VND to 26,166 VND/USD while cutting the selling rate by 2 VND to 26,386 VND/USD./.

VNA
#State Bank of Vietnam #daily reference exchange rate #commercial banks
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