Reference exchange rate down on week’s beginning

Hanoi (VNA) - The State Bank of Vietnam adjusted the daily reference exchange rate down on October 15, setting the rate at 22,719 VND/USD, an decrease of 2 VND from the last working day of previous week (October 12).

  With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,400 VND/USD and the floor rate 22,038 VND/USD.

The opening hour rates at commercial banks saw only slight changes compared to October 12.

Vietcombank kept both rates unchanged, listing the buying rate at 23,305 VND/USD and the selling rate at 23,385 VND/USD.

BIDV also maintained the same rates as on October 12, buying the green back at 23,300 VND per USD and selling at 23,380 VND/USD.

Techcombank kept the buying rate unchanged from October 12 at 23,280 VND/USD but added 5 VND to the selling rate, listing the rate at 23,385 VND/USD.

 Last week (October 8 to 12), the reference exchange rate rose on the first two days of this week, then went down for two consecutive days before rising again on the last day of the week.-VNA