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Reference exchange rate down further on November 16
VietnamPlus - 11/16/2018 10:28:46 AM
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The daily reference exchange rate was adjusted down for the third consecutive day on November 16, standing at 22,721 VND per USD, decreasing 2 VND from the previous day. 
 
 With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,402 VND/USD and the floor rate 22,040 VND/USD.
 
The opening hour rates at commercial banks saw slight changes from November 15.
 
 Vietcombank added 5 VND to both rates, listing the buying rate at 23,265 VND/USD and the selling rate at 23,355 VND/USD.
 
Both the rates at Techcombank were also raised by 5 VND to 23,245 VND/USD (buying) and 23,355 VND/USD (selling).
 
Meanwhile, BIDV reduced both rates by 5 VND to 23,265 VND/USD (buying) and 23,355 VND/USD (selling).
 
The reference exchange rate went up on the first two days of this week (November 12-16) but the trend reversed on Wednesday. It opened the week at 22,725 VND/USD but ended at 22,721 VND per USD.
 
The rates listed at commercial banks fluctuated throughout the week, but overall ending the week higher than on Monday.-VNA
 
Read original article here
 
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