Business

Reference exchange rate down 5 VND on November 5

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,248 VND/USD on November 5, down 5 VND from the previous day.

The daily reference exchange rate for the US dollar is set at 25,460 VND/USD on November 5. (Photo: VNA)
The daily reference exchange rate for the US dollar is set at 25,460 VND/USD on November 5. (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,248 VND/USD on November 5, down 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,460 VND/USD and the floor rate 23,036 VND/USD.

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

At 8:31am, Vietcombank listed the buying rate at 25,120 VND/USD and the selling rate at 25,460 VND/USD, both down 5 VND from November 4.

BIDV raised the buying rate by 15 VND to 25,140 VND/USD and cut the selling rate by 5 VND to 25,460 VND/USD./.

VNA
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