Reference exchange rate continues to rise
The State Bank of Vietnam continued to adjust the daily reference exchange rate up on October 4, setting the rate at 22,720 VND/USD, an increase of 2 VND from the previous day.
Illustrative photo (Source: VNA)Hanoi (VNA) - The State Bank of Vietnam continued to adjust the daily reference exchange rate up on October 4, setting the rate at 22,720 VND/USD, an increase of 2 VND from the previous day.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,401 VND/USD and the floor rate 22,038 VND/USD.
The opening hour rates at commercial banks saw slight changes compared to October 3.
Vietcombank raised both rates by 10 VND, listing the buying rate at 23,300 VND/USD and the selling rate at 23,380 VND/USD.
BIDV is listing the buying rate at 23,305 VN/USD and the selling rate at 23,385 VND/USD, both up 15 VND from October 3.
Techcombank also added 10 VND to both rates, buying the greenback at 23,280 VND/USD and selling at 23,380 VND/USD.
The reference exchange rate has been on the rising trend for three consecutive days this week.-VNA
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