Business

Reference exchange rate continues going down on October 3

The State Bank of Vietnam set the daily reference exchange rate at 25,162 VND/USD on October 3, down 15 VND from the previous day.

Reference exchange rate falls further on October 3 (Photo: VNA)
Reference exchange rate falls further on October 3 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,162 VND/USD on October 3, down 15 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,420 VND/USD, and the floor rate 23,904 VND/USD.

At 8:35 am, the opening-hour rates at major commercial banks also saw decreases.

Vietcombank listed the buying rate at 26,200 VND/USD and the selling rate at 26,420 VND/USD, both down 15 VND from the October 2 morning session.

BIDV also cut the buying rate by 35 VND to 26,200 VND/USD and the selling rate by 15 to 26,420 VND/USD./.

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