Business

Reference exchange rate down 7 VND on October 7

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,920 VND/USD, and the floor rate 24,356 VND/USD.

The daily reference exchange rate is set at 25,638 VND/USD on October 7. (Photo: VNA)
The daily reference exchange rate is set at 25,638 VND/USD on October 7. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,638 VND/USD on October 7, down 7 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,920 VND/USD, and the floor rate 24,356 VND/USD.

The opening-hour buying and selling rates at major commercial banks saw slight decreases compared to those of the October 6 trading session.

At 8:30 am, both Vietcombank and BIDV listed the buying rate at 25,800 VND/USD and the selling rate at 26,180 VND/USD, down 10 VND from the previous session./.

VNA
#Vietcombank #State Bank of Vietnam #daily reference exchange rate #USD/VND exchange rate #commercial banks
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