Reference exchange rate down on October 25

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,255 VND/USD on October 25, down 5 VND from the previous day.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,255 VND/USD on October 25, down 5 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,468 VND/USD and the floor rate 23,042 VND/USD.

At major commercial banks, the opening hour rates saw slight decreases.

At 8:29am, Vietcombank and BIDV listed the buying rate at 25,227 VND/USD and the selling rate at 25,467 VND/USD, both down 6 VND from October 24.

BIDV also raised the rates by 8 VND and 11 VND respectively, posting the buying rate at 25,233 VND/USD and the selling rate at 25,473 VND/USD./.

VNA

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