Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,240 VND/USD on December 2, down 1 VND from the last working day of the previous week.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,452 VND/USD and the floor rate 23,028 VND/USD.
At major commercial banks, the opening hour rates saw decreases.
At 8:29 am, Vietcombank listed the buying rate at 25,149 VND/USD and the selling rate at 25,452 VND/USD, down 11 VND from November 29.
BIDV also cut both rates by 11 VND, posting the buying rate at 25,152 VND/USD and the selling rate at 25,452 VND/USD./.
Reference exchange rate down 20 VND
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,251 VND/USD on November 29, down 20 VND from the previous day.