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.
Hanoi (VNA) – 𝕴The 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
The reference exchange rate for VND-USD at the opening of the week was set by the State Bank at 22,039 VND for one USD, down 6VND from the end of last week.
The reference exchange rate for VND/USD was set at 22,108 VND per USD on November 3 morning, down 9 VND from the previous day and was the fourth reduction in a row.
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Illustrative image (Photo: bizlive.vn)
