Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,199 VND/USD on October 17, up 12 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,409 VND/USD and the floor rate 22,989 VND/USD.
At major commercial banks, the opening hour rates saw increases.
At 8:19am, Vietcombank listed the buying rate at 24,810 VND/USD and the selling rate at 25,170 VND/USD, both up 50 VND from October 16.
VietinBank also raised both rates by 35 VND, posting the buying rate at 24,800 VND/USD and the selling rate at 25,160 VND/USD./.
Reference exchange rate up 10 VND on October 16
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,187 VND/USD on October 16, up 10 VND from the previous day.