The reference exchange rate has been revised down for four consecutive days since October 9. Illustrative image (Photo: VNA)
Hanoi, (VNA) – 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.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,127 VND and the floor rate 21,779 VND/USD.  

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

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

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

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