Business

Reference exchange rate edges down on November 17

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,376 VND/USD, and the floor rate 23,864 VND/USD.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,120 VND/USD on November 17, down 2 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 26,376 VND/USD, and the floor rate 23,864 VND/USD.

At 8:13, the opening-hour rates at major commercial banks saw mixed fluctuations.

Both Vietcombank and BIDV listed the buying rate at 26,156 VND/USD and the selling rate at 26,376 VND/USD. Compared with the November 14 session, the selling rate at both banks fell slightly by 2 VND. Meanwhile, the buying rates moved in opposite directions, with BIDV down 4 VND and Vietcombank up 18 VND./.

VNA
#reference exchange rate #State Bank #Vietnam
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