Reference exchange rate turns around to drop on December 13
The State Bank of Vietnam reduced the daily reference exchange rate on December 13 by 2 VND from the previous day to 22,773 VND/USD.
The State Bank of Vietnam reduced the daily reference exchange rate on December 13 by 2 VND from the previous day to 22,773 VND/USD (Photo: VNA)Hanoi (VNA) – The State Bank of Vietnam reduced the daily reference exchange rate on December 13 by 2 VND from the previous day to 22,773 VND/USD.
This is the first time the reference exchange rate is adjusted down after many consecutive days of rising.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks for the day is 23,455 VND/USD and the floor rate is 22,091 VND/USD.
The rates listed at commercial banks continued to drop slightly.
Vietcombank cut a further 10 VND from both rates, listing the buying rate at 23,245 VND/USD and the selling rate at 23,335 VND.
BIDV reduced both rates by 5 VND to 23,255 VND/USD (buying) and 23,345 VND/USD (selling).
Both rates at Techcombank went down by 5 VND to 23,230 VND/USD (buying) and 23,340 VND/USD (selling).
The rates listed at the transaction office of the State Bank of Vietnam were unchanged from the previous day at 22,700 VND/USD (buying) and 23,408 VND/USD (selling).-VNA
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