Business

Reference exchange rate down for fourth day

The daily reference exchange rate for VND/USD was revised down for a fourth day in a row since the beginning of this week, standing at 22,453 VND /USD on October 12, a decrease of 6 VND from the rate set on October 11.
 
Reference exchange rate down for fourth day ảnh 1The reference exchange rate has been revised down for four consecutive days since October 9. Illustrative image (Photo: VNA)
Hanoi, (VNA) – The dailyreference exchange rate for VND/USD was revised down for a fourth day in a row sincethe beginning of this week, standing at 22,453 VND /USD on October 12, adecrease of 6 VND from the rate set on October 11.

With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,127 VND and the floor rate 21,779 VND/USD.  

The opening hour rates at majorcommercial banks also followed the declining trend.

Vietcombank listed the buyingrate at 22,685 VND and the selling rate at 22,755 VND per USD, down 5 VND fromthe previous day.

The rates listed by Vietinbank werealso slashed by 5 VND to 22,685 VND (buying) and 22,755 VND (selling) per USD.

The greenback is being bought at22,685 VND and sold at 22,755 VND per USD at BIDV, both 5 VND lower than therespective rates listed on October 11.-VNA

VNA
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