Reference exchange rate down 10 VND at week’s beginning

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,816 VND/USD and the floor rate 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/USD and the selling rate 22,770 VND/USD, unchanged from November 5.

BIDV also kept both rates unchanged at 22,575 VND/USD (buying) and 22,775 VND/USD (selling). During the week from November 1-5, the daily reference exchange rate fluctuated variably but ended the week down 7 VND from the beginning of the week.