The State Bank of Vietnam set its reference VND/USD exchange rate at 22,442 VND/USD on the morning of November 20 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set its reference VND/USD exchange rate at 22,442 VND/USD on the morning of November 20, down by 4 VND from the end of last week.
 
With the current  +/- 3 percent VND/USD trading band, the ceiling exchange rate is 23,108 VND per USD and the floor rate is 21,771 VND per USD.

Major commercial banks kept their rates stable.

[Central bank to keep currency stable: official]

Vietcombank set 22,675 VND (buying) and 22,745 VND (selling), per USD, unchanged from the end of last week.

Vietinbank cut its rates by 5 VND to offer 22,675 VND (buying) and 22,745 VND (selling), per USD.

Meanwhile, BIDV retained its buying rate at 22,680 VND and their selling rate at 22,750 VND, per USD, unchanged from the end of last week.-VNA