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./.
Reference exchange rate up at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,253 VND/USD on November 4, up 11 VND from the last working day of the previous week.