Reference exchange rate down on November 2
The State Bank of Vietnam adjusted the daily reference exchange rate down on November 2 after three days of going up, setting the rate at 22,725 VND per USD.
Illustrative image (Source: Internet)Hanoi (VNA) - The State Bank of Vietnam adjusted the daily reference exchange rate down on November 2 after three days of going up, setting the rate at 22,725 VND per USD.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,406 VND/USD and the floor rate 22,044 VND/USD.
The opening hour rates at commercial banks went down slightly.
Both Vietcombank and BIDV cut 10 VND from both rates, listing the buying rate at 23,290 VND/USD and the selling rate at 23,380 VND/USD.
Techcombank still maintained the same rates as on November 1 at 23,280 VND/USD (buying) and 23,390 VND/USD (selling).
This week (October 29 to November 2), the reference exchange rate opened the week down to 22,722 VND per USD, but went up for the next three days before dropping on the last day.
The rates at commercial banks have stayed stable since last week. -VNA
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