The State Bank of Vietnam set the daily reference exchange rate at 23,187 VND per USD on November 11 (Photo: VNA)
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,187 VND per USD on November 11, up 5 VND from the previous day.
With the currenttrading band of +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,882 VND/USD and the floor rate, 22,491 VND/USD.
The opening hour ratesat most commercial banks stayed stable.
At 8:25 am,Vietcombank listed the buying rate at 23,060 VND/USD and the selling rate at23,270 VND/USD, both unchanged from November 10.
BIDV also kept bothrates unchanged at 23,090 VND/USD (buying) and 23,270 VND/USD (selling).
Techcombank added 2 VND to both rates, listing thebuying rate at 23,067 VND/USD and the selling rate at 23,267 VND/USD./.
The State Bank of Vietnam set the daily reference exchange rate at 23,180 VND per USD on November 9, down 5 VND from the last working day of the previous week (November 6).
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
The State Bank of Vietnam set the daily reference exchange rate at 23,187 VND per USD on November 11 (Photo: VNA) 
