Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,243 VND/USD on October 31, down 3 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,455 VND/USD and the floor rate 23,031 VND/USD.
At major commercial banks, the opening hour rates saw decreases.
At 8:41am, Vietcombank listed the buying rate at 25,115 VND/USD and the selling rate at 25,455 VND/USD, down 43 VND and 3 VND, respectively, from October 30.
BIDV posted the buying rate at 25,120 VND/USD and the selling rate at 25,455 VND/USD, down 38 VND and 3 VND, respectively./.
Reference exchange rate adjusted down on October 30
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,246 VND/USD on October 30, down 6 VND from the previous day.