Hanoi (VNA) – The State Bank of Vietnam set its reference VND/USD exchange rate at 22,438VND/USD on the morning of December 1, up by 5 VND from the day ago.
With the current +/- 3 percent VND/USD trading band, the ceiling exchange rateis 23,104 VND per USD and the floor rate is 21,767 VND per USD.
Major commercial banks kept their changes stable.
[Central bank policies expand foreign reserves]
Vietcombank offered 22,685 VND (buying) and 22,755 VND (selling), per USD, upby 5 VND from the day earlier.
BIDV and Vietinbank retainedits buying rate at 22,680 VND and its selling rate at 22,750 VND, per USD,unchanged from the morning of the day ago.-VNA