The daily reference exchange rate is set at 22,722 VND per USD on October 29 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam adjusted the daily reference exchange rate on October 29 down 1 VND from the last day of previous week (October 26), setting the rate at 22,722 VND per USD.

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,403 VND/USD and the floor rate 22,041 VND/USD.

The opening hour rates at commercial banks remained stable.

Both Vietcombank and BIDV continued to keep their rates unchanged at 23,300 VND/USD (buying), and 23,390 VND/USD (selling). The rates at Vietcombank have remained unchanged throughout last week.

Techcombank also maintained the same rates as on October 26 at 23,280 VND/USD (buying) and 23,390 VND/USD (selling).

Last week (October 22 to 26), the reference exchange rate opened the week down to 22,717 VND per USD, but up on the next two days. It was unchanged on Thursday and went up again on the last day of the week to 22,723 VND/USD.

The rates at commercial banks stayed stable throughout the week. -VNA