Reference exchange rate down 4 VND at week’s beginning
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,150 VND per USD on October 14, down 4 VND from the last working day of previous week (October 11).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,150 VND per USD on October 14.(Photo: VNA)Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,150 VND per USD on October 14, down 4 VND from the last working day of previous week (October 11).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,844 VND per USD and the floor rate at 22,455 VND/USD.
The opening hour rates at some commercial banks stayed unchanged from the same time on October 11.
At 8:30 am, Vietcombank listed the buying rate at 23,110 VND/USD, and the selling rate at 23,260 VND/USD, both unchanged from the same time on October 11.
BIDV also kept both rates unchanged, with the buying rate listed at 23,140 VND/USD and the selling rate at 23,260 VND/USD.
Similarly, Techcombank maintained both rates at the same level as on October 11, listing the buying rate at 23,132 VND/USD and the selling rate at 23,272 VND/USD.
During the week from October 7 to 11, the daily reference exchange rate fluctuated slightly, going up on two days and down on three days to end the week 1 VND lower than on Monday.
The rates listed at commercial banks also changed in different directions but ending the week mostly at the same levels as at the beginning of the week./.
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