Business

Reference exchange rate falls further on October 17

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,356 VND/USD, and the floor rate 23,846 VND/USD.

The State Bank of Vietnam sets the daily reference exchange rate at 25,101 VND/USD on October 17. (Photo: VNA)
The State Bank of Vietnam sets the daily reference exchange rate at 25,101 VND/USD on October 17. (Photo: VNA)


Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,101 VND/USD on October 17, down 8 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,356 VND/USD, and the floor rate 23,846 VND/USD.

At 8:30 am, the opening-hour rates at major commercial banks saw decreases.

Both Vietcombank and BIDV listed the buying rate at 26,356 VND/USD, down 8 VND from the October 16 morning session.

The selling rate at Vietcombank was 26,146 VND/USD, down 8 VND, while BIDV quoted 26,155 VND/USD, down 5 VND./.

VNA
#State Bank of Vietnam #daily reference exchange rate #commercial banks
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