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Reference exchange rate down 2 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,650 VND/USD on December 16, down 2 VND from the previous day.
Reference exchange rate down 2 VND ảnh 1At an office of Vietcombank - Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set thedaily reference exchange rate for the US dollar at 23,650 VND/USD on December 16,down 2 VND from the previous day.

With the current trading band of +/-5%, theceiling rate applicable to commercial banks during the day is 24,832 VND/USD andthe floor rate 22,467 VND/USD.

The opening-hour rates at commercial banks rose.

At 8:37 am, BIDV listed the buying rate at 23,385VND/USD and the selling rate at 23,665 VND/USD, both up 25 VND from the end ofDecember 15.

Meanwhile, Vietcombank raised both rates by 50 VNDto 23,370 VND/USD (buying) and 23,680 VND/USD (selling).

During the week from December 12 - 16, the dailyreference exchange rate followed a downward trend, ending the week down 5 VND./.

VNA
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