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Reference exchange rate down at week’s beginning - 12/16/2019 1:44:58 PM
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The State Bank of Vietnam set the daily reference exchange rate at 23,155 VND/USD on December 16, down 5 VND from the last working day of previous week (December 13).
With the current trading band of  +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,849 VND/USD and the floor rate 22,460 VND/USD.
The opening hour rates at most commercial banks stayed stable.
At 8:05 am, Vietcombank listed the buying rate at 23,080 VND/USD and the selling rate at 23,230 VND/USD, both unchanged from December 13.
 BIDV also kept both rates unchanged, listing the buying rate at 23,110 VND/USD and the selling rate at 23,230 VND/USD.
Meanwhile, Techcombank added 2 VND to both rates, listing the buying rate at   23,092 VND/USD and the selling rate at 23,232 VND/USD.
During the week from December 9-13, the reference exchange rate fluctuated variably but ended the week down 3 VND from the rate on Monday.
The rates listed at most commercial banks also dropped compared to the first day of the week./.
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