Business

Reference exchange rate down on October 9

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,156 VND per USD on October 9, down 1 VND from the previous day (October 8).
Reference exchange rate down on October 9 ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily referenceexchange rate at 23,156 VND per USD onOctober 9, down 1 VND from the previous day (October 8).

With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,850 VND per USD and the floor rate at 22,461 VND/USD.

The opening hour rates at some commercial banks saw slight reductions.

At 8:25 am, Vietcombank listed the buyingrate at 23,110 VND/USD, and the selling rate at 23,260 VND/USD, both down 15 VND from the same time on October 8.

BIDV kept both rates unchanged, with thebuying rate listed at 23,140 VND/USD and the selling rate at 23,260 VND/USD.

Techcombank cut 1 VND from both rates, listing the buying rate at 23,131 VND/USD and the selling rate at 23,271 VND/USD./.

VNA
#State Bank of Vietnam #daily reference exchange rate #trading band #ceiling rate #commercial banks #Vietcombank #BIDV #Techcombank #Vietnam #VietnamPlus #Viet Nam News
Follow VietnamPlus

Related News

See more

Illustrative photo (Photo: VNA)

Vietnam Cycle Expo to return to HCM City in August

Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.

Illustrative image (Photo: tapchitaichinh.vn)

SMEs urged to embrace ESG to unlock green finance

According to the International Finance Corporation’s 2023 Country Climate and Development Report, businesses with clear ESG strategies attract 20–25% more investment than those without ESG strategies.

Farmers in Thoai Son district, An Giang province, harvest the 2025 Winter-Spring rice crop. (Photo: VNA)

A new symbol of responsible production

Vietnamese agricultural products clearing strict technical and quality barriers to reach Japanese dining tables is no longer a rare feat. However, the recent export of 500 tonnes of Japonica rice by Trung An High-Tech Farming JSC in partnership with Japan’s Murase Group carries special significance.

The US dollar at Vietnamese commercial banks has so far this year increased by about 2.6-3% against the dong. (Photo: VNA)

Dollar appreciates in domestic market due to surge in foreign debt repayment

The State Bank of Vietnam (SBV)’s central exchange rate this week even set a new peak, surpassing 25,000 VND per dollar for the first time. The dollar selling price at commercial banks has also remained close to the ceiling, indicating that pressure on the USD/VND exchange rate has not decreased.

From left to right: US Secretary of Commerce Howard Lutnick, Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Ambassador Jamieson Greer, US Trade Representative. (Photo: VNA)

Vietnam, US conclude third round of bilateral trade talks

The two sides also agreed to convene an online working-level meeting in the coming days to continue resolving outstanding issues and prepare for a virtual ministerial dialogue between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick.