Business

Reference exchange rate up 12 VND on November 11

The State Bank of Vietnam set the daily reference exchange rate at 25,118 VND/USD on November 11, up 12 VND from the previous day.

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

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,118 VND/USD on November 11, up 12 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,374 VND/USD, and the floor rate 23,862 VND/USD.

At 8:20, the opening-hour rates at major commercial banks saw fluctuations.

Vietcombank raised the buying rate by 12 VND to 26,373 VND/USD, and cut the selling rate by 8 VND to 26,120 VND/USD.

Meanwhile, the buying rate at BIDV stood at 26,373 VND/USD, a rise of 12 VND, and the selling rate at 26,120 VND/USD, unchanged from the November 10 morning session./.

VNA
#State Bank of Vietnam #reference exchange rate #USD
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