Business

Reference exchange rate down 8 VND at week’s beginning

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,902 VND/USD, and the floor rate 24,340 VND/USD.

The daily reference exchange rate is set at 25,621 VND/USD on October 12. (Photo: VNA)
The daily reference exchange rate is set at 25,621 VND/USD on October 12. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,621 VND/USD on October 12, down 8 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,902 VND/USD, and the floor rate 24,340 VND/USD.

The opening-hour buying and selling rates at major commercial banks also decreased compared with the October 9 trading session.

At 8:35 am, both Vietcombank and BIDV listed the buying rate at 25,690 VND/USD and the selling rate at 26,070 VND/USD, down 20 VND./.

VNA
#reference exchange rate #State Bank of Vietnam #commercial banks #Vietcombank #BIDV
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