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Reference exchange rate up strongly at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,165 VND/USD on December 6, up 48 VND from the last working day of previous week (December 3).
Reference exchange rate up strongly at week’s beginning ảnh 1The State Bank of Vietnam set the daily reference exchange rate at 23,165 VND/USD on December 6. (Photo: VNA)
Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate at 23,165 VND/USD on December 6, up 48 VND from the last workingday of previous week (December 3).

With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 23,859 VND/USD and the floor rate 22,470 VND/USD

Meanwhile, the opening-hour rates at commercialbanks saw slight changes.

At 8:35am, Vietcombanklisted the buying rate at 22,680 VND/USD  and the selling rate at 22,950 VND/USD, both up 10 VND from December 3.

Meanwhile, BIDV kept both rates unchanged at 22,700 VND/USD (buying) and 22,940 VND/USD (selling).

During the week from November 29 to December 3,the daily reference exchange rate followed a downward trend for most of theweek except for Wednesday. It ended the week down 26 VND./. 
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