Reference exchange rate down 2 VND on October 1

Illustrative image. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,160 VND/USD on October 1, down 2 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applicable to commercial banks during the day is 23,854 VND/USD and the floor rate 22,466 VND/USD.

The opening-hour rate at commercial banks followed different directions.

At 8:15am, Vietcombank listed the buying rate at 22,630 VND per USD and the selling rate at 22,860 VND/USD, both up 10 VND from September 30.

On the contrary, BIDV cut 5 VND from both rates, listing the buying rate at 22,655 VND/USD and the selling rate at 22,855 VND/USD.

During the week from September 27 to October 1, the daily reference exchange rate followed an upward trend, ending the week up 19 VND./.

VNA