Reference exchange rate down 4 VND

The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,450 VND/USD on December 12, down 4 VND from the rate on December 11.
Reference exchange rate down 4 VND ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,450 VND/USD on December 12, down 4 VND from the rate on December 11.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,116 VND and the floor rate 21,777 VND/USD.

The opening hour rates at major commercial banks saw only slight changes.

Vietinbank revised both their rates down by 5 VND, buying the greenback at 22,675 VND and selling at 22,745 VND/USD.

Meanwhile, Vietcombank kept its rates unchanged from December 11, at 22,675 VND/USD (buying) and 22,745 VND (selling).

The rates listed by BIDV also remained the same as on the previous day, at 22,680 VND (buying) and 22,750 VND/USD (selling).-VNA

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