Business

Reference exchange rate continue to rise

The State Bank of Vietnam raised the daily reference exchange rate on December 7 by another 2 VND to 22,764 VND per USD.
Reference exchange rate continue to rise ảnh 1A transaction at Vietcombank (Photo VNA)

Hanoi (VNA) - TheState Bank of Vietnam raised the daily reference exchange rate on December 7 byanother 2 VND to 22,764 VND per USD.

With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,446 VND/USD and the floor rate 22,082 VND/USD.

The daily reference exchangerate has been on a rising trend since mid-November, gaining a total 43 VND fromNovember 16.

 The opening hour rates at commercial banksalso continued to increase compared to December 6.  

Vietcombank added another 10 VNDto both rates, listing the buying rate at 23,280 VND/USD and the selling rateat 23,370 VND/USD.

The rates at BIDV went up 15 VNDto 23,280 VND/USD (buying) and 23,370 VND/USD (selling).

At Techcombank, both rates were raised by 10VND to 23,250 VND/USD (buying) and 23,360 VND/USD (selling).

The daily reference exchangerate has increased throughout the week from December 3-7, except for December4. The rate gained a total of 14 VND this week.-VNA
VNA
#State Bank of Vietnam#daily reference exchange#trading band#ceiling rate#commercial banks#floor rate#Vietcombank#BIDV#Techcombank#Vietnamplus#Vietnam News Agency
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