Reference exchange rate down 11 VND at week’s beginning

Monday, November 15, 2021  15:04

The State Bank of Vietnam sets daily reference exchange rate at 23,104 VND/USD on November 15. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,104 VND/USD on November 15, down 11 VND from the rate on the last working day of previous week (November 12). 

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,797 VND/USD and the floor rate 22,410 VND/USD.

The opening-hour rate at commercial banks saw slight fluctuations. 

At 8:25 am, Vietcombank listed the buying rate at 22,520 VND/USD and the selling rate at 22,750 VND/USD, both up 5 VND from November 12.

Meanwhile, BIDV kept both rates unchanged at 22,545 VND/USD (buying) and 22,745 VND/USD (selling). 

Last week (November 8-12), the reference exchange rate followed a downward trend in the first three days, then turned around to go up on Thursday and went down again on Friday. It ended the week 8 VND lower than the rate on Monday./.