Reference exchange rate up 4 VND on November 12

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.

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

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./.

VNA

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