Business

Reference exchange rate adjusted down slightly at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 25,097 VND/USD on October 27, down just 1 VND from the last working day of the previous week.

The State Bank of Vietnam sets the daily reference exchange rate at 25,097 VND/USD on October 27, down just 1 VND from the last working day of the previous week. (Photo: VNA)
The State Bank of Vietnam sets the daily reference exchange rate at 25,097 VND/USD on October 27, down just 1 VND from the last working day of the previous week. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,097 VND/USD on October 27, down just 1 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,352 VND/USD, and the floor rate 23,842 VND/USD.

At 8:30, the opening-hour rates at major commercial banks saw decreases.

Vietcombank listed the buying rate at 26,111 VND/USD, and the selling rate at 26,351 VND/USD, down 41 VND and 1 VND from the October 24 morning session, respectively.

BIDV also cut both rates by 40 VND and 1 VND, respectively, listing the buying rate at 26,112 VND/USD and the selling rate at 26,351 VND/USD./.

VNA
#Reference exchange rate #The State Bank of Vietnam #Vietcombank
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