Business

Reference exchange rate down slightly at week’s beginning

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,414 VND/USD, and the floor rate 23,898 VND/USD.

The daily reference exchange rate is set at 26,414 VND/USD on December 1. (Photo: VNA)
The daily reference exchange rate is set at 26,414 VND/USD on December 1. (Photo: VNA)


Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,156 VND/USD on December 1, up 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 26,414 VND/USD, and the floor rate 23,898 VND/USD.

At 8:25, the buying and selling rates at major commercial banks during the opening hours saw fluctuations.

Vietcombank listed the buying rate at 26,163 VND/USD, down 29 VND, and the selling rate at 26,413 VND/USD, up 1 VND from the November 28 session.

BIDV cut its buying rate by 39 VND to 26,153 VND/USD while raising its selling rate by 1 VND to 26,413 VND/USD./.

VNA
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