Vietcombank USD Transactions. (Photo: Tran Viet/ VNA)
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The exchange rate of the Vietnamese dong against the US dollar inched up slightly on December 4 morning compared to the previous day. Meanwhile, the exchange rate against the Chinese yuan continued to decrease.
Specifically, the State Bank of Vietnam set the daily reference exchange rate at 24,262 VND/USD, up 2 VND from December 3. With a +/- 5% flexibility range, the ceiling rate applied by commercial banks today is 25,475 VND/USD, and the floor rate is 23,049 VND/USD.
The buying and selling rates listed at the State Bank of Vietnam are currently at 23,400-25,450 VND/USD.
At commercial banks, at 8:37 am, Vietcombank listed the buying rate and selling rate at 25,172 VND/USD and 25,475 VND/USD, respectively, up 2 VND in both rates compared to the previous day.
At BIDV, the buying rate decreased by 1 VND, while the selling rate increased by 2 VND, listed at 25,172 VND/USD and 25,475 VND/USD, respectively.
Regarding the Chinese yuan, Vietcombank decreased the buying and selling rates by 5 VND each, bringing the yuan’s price this morning down to 3,432 – 3,542 VND/CNY.
Similarly, BIDV also reduced the exchange rate for this foreign currency by 7 VND from the previous day, to 3,442 – 3,539 VND/CNY.
Le Phuong
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