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Economics

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Reference exchange rate down 10 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,288 VND/USD on November 18, down 10 VND from the last working day of the previous week.

The State Bank of Vietnam sets daily reference exchange rate for the US dollar at 24,288 VND/USD on November 18. (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,288 VND/USD on November 18, down 10 VND from the last working day of the previous week.


With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,502 VND/USD and the floor rate 23,074 VND/USD.

At major commercial banks, the opening hour rates saw decreases.

At 8:31 am, Vietcombank listed the buying rate at 25,180 VND/USD and the selling rate at 25,502 VND/USD, both down 10 VND from November 15.

BIDV also cut both rates by 10 VND, posting the buying rate at 25,190 VND/USD and the selling rate at 25,502 VND/USD./.

VNA

Tags: vietnam

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