Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,267 VND/USD on November 12, up 4 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,450 VND/USD and the floor rate 23,400 VND/USD.
At major commercial banks, the opening hour rates saw increases.
At 8:30am, Vietcombank listed the buying rate at 25,120 VND/USD and the selling rate at 25,480 VND/USD, up 5 VND and 35 VND from November 11, respectively.
BIDV posted the buying rate at 25,135 VND/USD and the selling rate at 25,480 VND/USD, up 19 VND and 4 VND, respectively./.
Reference exchange rate down 15 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,263 VND/USD on November 11, down 15 VND from the last working day of the previous week.