Reference exchange rate up 3 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,167 VND/USD on December 9, up 3 VND from the last working day of previous week (December 6).
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at23,167 VND/USD on December 9, up 3 VND from the last working dayof previous week (December 6).
With the currenttrading band of +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,862 VND/USD and the floor rate22,472 VND/USD.
The opening hour rates at most commercialbanks remained stable.
At 8:15 am,Vietcombank listed the buying rate at 23,090 VND/USD and the selling rate at23,240 VND/USD, unchanged from December 6.
BIDV also kept both rates unchanged at 23,120VND/USD (buying) and 23,240 VND/USD (selling).
Similarly, Techcombank maintained both rates at thesame level as on December 6, listing the buying rate at23,088 VND/USD and the selling rate at 23,228 VND/USD.
During the week from December 2 to 6, thedaily reference exchange rate followed a downward trend in the first two daysthen turned around to go up for the next two days before declining again on thelast day. Overall, the rate ended the week up 7 VND.
The rates listed at commercial banks generallyended the week lower than those on Monday./.
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Illustrative image (Source: VNA) 
