Reference exchange rate down further on November 16
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.
The daily reference exchange rate was adjusted down for the third consecutive day on November 16. (Photo: VNA)
Hanoi (VNA) - Thedaily reference exchange rate was adjusted down for the third consecutive dayon November 16, standing at 22,721 VND per USD, decreasing 2 VND from theprevious day.
With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,402VND/USD and the floor rate 22,040 VND/USD.
The opening hour rates atcommercial banks saw slight changes from November 15.
Vietcombank added 5 VND to both rates, listingthe buying rate at 23,265 VND/USD and the selling rate at 23,355 VND/USD.
Both the rates at Techcombankwere also raised by 5 VND to 23,245 VND/USD (buying) and 23,355 VND/USD(selling).
Meanwhile, BIDV reduced both ratesby 5 VND to 23,265 VND/USD (buying) and 23,355 VND/USD (selling).
The reference exchange rate wentup on the first two days of this week (November 12-16) but the trend reversedon Wednesday. It opened the week at 22,725 VND/USD but ended at 22,721 VND perUSD.
The rates listed at commercialbanks fluctuated throughout the week, but overall ending the week higher thanon Monday.-VNA
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The daily reference exchange rate was adjusted down for the third consecutive day on November 16. (Photo: VNA) 
