Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,081 VND/USD on October 1, down 25 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,285 VND/USD and the floor rate 22,877 VND/USD.
At major commercial banks, the opening hour rates also decreased remarkably.
At 8:25am, Vietcombank listed the buying rate at 24,390 VND/USD and the selling rate at 24,730 VND/USD, both down 50 VND from September 30.
Similarly, BIDV also cut both rates by 50 VND, posting the buying rate at 24,390 VND/USD and the selling rate at 24,730 VND/USD./.
Reference exchange rate down at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,093 VND/USD on September 30, down 25 VND from the last working day of the previous week.