Reference exchange rate drops 6 VND on October 5
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,417 VND/USD on October 5, down 6 VND from the previous day.
Illustrative image (Source: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 24,119 VND/USD and the floor rate 22,714 VND/USD.
The opening-hour rates at many commercial banks stayed stable.
At 8:27 am, BIDV listed the buying rate at 23,750 VND/USD and the selling rate at 24,030 VND/USD, both unchanged from the end of October 4.
Vietcombank also kept both rates unchanged at 23,720 VND/USD (buying) and 24,030 VND/USD (selling)./.
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