Reference exchange rate up 5 VND on week’s first day
The State Bank of Vietnam set the daily reference exchange rate on December 3 at 22,755 VND per USD, up 5 VND from the last working day of previous week (November 30).
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate on December 3 at 22,755VND per USD, up 5 VND from the last working day of previous week (November 30).
With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,437VND/USD and the floor rate 22,073 VND/USD.
The opening hour rates atcommercial banks remained rather stable.
Vietcombank kept both rates unchanged fromNovember 30 VND, listing the buying rate at 23,275 VND/USD and the selling rateat 23,365 VND/USD.
Techcombank also kept both ratesunchanged at 23,250 VND/USD (buying) and 23,365 VND/USD (selling).
However, BIDV added 25 VND toboth rates, listing the buying rate at 23,300 VND/USD and the selling rate at 23,390VND/USD (selling).
Last week (from November 26 to30), the reference exchange rate was rather stable, except for a rise of 4 VNDon November 27 and another 3 VND on the last day of the week.
The rates listed at commercialbanks fluctuated throughout the week, with the rates at Vietcombank andTechcombank ending the week lower than that at the start.- VNA
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Illustrative photo (Source: hanoimoi.com.vn) 
