Reference exchange rate down 4 VND at week’s beginning

24-Nov-2020 Intellasia | VNA | 6:02 AM Print This Post

The State Bank of Vietnam set the daily reference exchange rate at 23,175 VND per USD on November 23, down 4 VND from the last working day of the previous week (November 20).

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,870 VND/USD and the floor rate, 22,480 VND/USD.

The opening hour rates at most commercial banks stayed stable.

At 8:25 am, Vietcombank listed the buying rate at 23,055 VND/USD and the selling rate at 23,265 VND/USD, both unchanged from November 20.

BIDV also kept both rates unchanged at 23,085 VND/USD (buying) and 23,265 VND/USD (selling).

Techcombank added 1 VND to both rates, listing the buying rate at 23,070 VND/USD and the selling rate at 23,270 VND/USD.

During the week from November 16 to 20, the daily reference exchange rate followed a downward trend from the beginning of the week but turned around to go up on Friday. It ended the week down 5 VND from the rate at the week’s beginning.

The rates listed at most commercial banks fluctuated little during the week./.


Category: Finance, Vietnam

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