Reference exchange rate down 2 VND

Illustrative image (Source: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,657 VND/USD on December 9, down 2 VND from the previous day.

With the current trading band of +/-5%, the ceiling rate applicable to commercial banks during the day is 24,839 VND/USD and the floor rate 22,474 VND/USD.

The opening-hour rates at commercial banks continued to decline.

At 8:30 am, Vietcombank listed the buying rate at 23,550 VND/USD and the selling rate at 23,860 VND/USD, both down 200 VND from the end of December 8.

BIDV cut both rates by 190 VND to 23,550 VND/USD (buying) and 23,830 VND/USD (selling).

During the week from December 5-9, the daily reference exchange rate fluctuated variably, ending the week down 1 VND./.

VNA