Business

Reference exchange rate dips further

The State Bank slashed 6 VND off the reference exchange rate on November 4, marking the fifth consecutive day of reduction with a total decrease of 33 VND.
Reference exchange rate dips further ảnh 1Illustrative image (Photo: bizlive.vn)

Hanoi (VNA) – The State Bank slashed 6 VND off the reference exchange rate on November 4, marking the fifth consecutive day of reduction with a total decrease of 33 VND.

With the current trading bank of +/- 3 VND, the ceiling rates applied for commercial banks on November 4 is 22,673 VND per one USD and the floor rates, 21,352 VND per one USD.

The opening rates at commercial banks stayed almost the same as the day before, with BIDV, Eximbank and Techcombank maintaining the same rates listed on November 3.

At BIDV, the selling rate was listed at 22,285 VND and buying rate at 22,355 VND per USD.

The buying/selling rates were listed by Eximbank at 22,280 VND/ 22,360 VND for one USD, and by Techcombank at 22,280 VND/ 22,390 VND per USD.

Only Vietcombank raised both its buying and selling rates by 5 VND, to 22,290 VND (buying) and 22,360 VND (selling).-VNA

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