Business

Reference exchange rate down 5 VND on week’s first day

The State Bank of Vietnam set the daily reference exchange rate at 23,157 VND/USD on December 2, down 5 VND from the last working day of previous week (November 29).
Reference exchange rate down 5 VND on week’s first day ảnh 1The State Bank of Vietnam set the daily reference exchange rate at 23,157 VND/USD on December 2.(Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate at 23,157 VND/USD on December 2, down 5 VND from the lastworking day of previous week (November 29).

With the currenttrading band of  +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,851 VND/USD and the floor rate22,462 VND/USD.

The opening hour rates dropped at most commercial banks.

At 8:15 am, Vietcombank listed the buying rate at 23,095 VND/USD and the selling rate at 23,245 VND/USD, both down 15 VND from November 29.

BIDV cutboth rates by 20 VND to 23,120 VND/USD (buying) and 23,240 VND/USD (selling).

Techcombank cut 22 VND from both rates, listing the buying rate at 23,105 VND/USD and the selling rateat 23,245 VND/USD.

 During the week from November 25 to 29, thedaily reference exchange rate followed an upward trend, gaining a total 8 VND.

The rates listed atcommercial banks were rather stable throughout the week, with VCB kept the samerates from Monday to Friday. The rates at BIDV and Techcombank ended the weekslightly higher than those on Monday./.
VNA
#State Bank of Vietnam #daily reference exchange rate #23 #157 VND/USD #trading band of +/-3 percent #ceiling rate #commercial banks #Vietnam News Agency #Vietnamplus
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