Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,141 VND/USD on October 7, 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 26,398 VND/USD, and the floor rate 23,884 VND/USD.
At 8:35 am, the opening-hour rates at major commercial banks also saw decreases.
Vietcombank listed the buying rate at 26,178 VND/USD and the selling rate at 26,398 VND/USD, both down 5 VND from the October 6 morning session.
Meanwhile, the buying rate at BIDV was posted at 26,180 VND/USD, down 23 VND, and the selling rate at 26,398 VND/USD, down 5 VND./.
Reference exchange rate drops 16 VND at week’s start
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,403 VND/USD, and the floor rate 23,889 VND/USD.