Reference exchange rate down 10 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,123 VND/USD on November 8, down 10 VND from the last working day of previous week (November 5).
Hanoi (VNA) – The State Bank of Vietnam set thedaily reference exchange rate at 23,123 VND/USD on November 8, down 10 VND fromthe last working day of previous week (November 5).
With the current trading band of +/-3 percent, the ceiling rateapplicable to commercial banks during the day is 23,816 VND/USD and the floorrate 22,429 VND/USD.
The opening-hour rate at commercial banks remained stable.
At 8:30 am, Vietcombank listed the buying rate at 22,540 VND/USDand the selling rate 22,770 VND/USD, unchanged from November 5.
BIDV also kept both rates unchanged at 22,575 VND/USD (buying) and 22,775VND/USD (selling).
During the week from November 1-5, the dailyreference exchange rate fluctuated variably but ended the week down 7 VND from thebeginning of the week./.
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Illustrative image (Source: VNA) 
