Reference exchange rate goes down at week’s beginning
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of previous week (October 4).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of the previous week (October 4) (Photo: VNA) Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of previous week (October 4).
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,849 VND per USD and the floor rate at 22,460 VND/USD.
The opening hour rates at commercial banks remain stable.
At 8:25 am, Vietcombank listed the buying rate at 23,110 VND/USD, and the selling rate at 23,260 VND/USD, unchanged from the same time on October 4.
BIDV also kept both rates unchanged, with the buying rate listed at 23,140 VND/USD and the selling rate at 23,260 VND/USD.
Techcombank maintained both rates at the same levels as on October 4, at 23,133 VND/USD (buying) and 23,273 VND/USD (selling).
During last week (September 30 to October 4), the daily reference exchange rate was adjusted up on the first two days but then turned around to drop on the last three days. It ended the week unchanged from the rate set on Monday.
The rates listed at commercial banks fluctuated during the week but also concluded the week almost unchanged from Monday./.
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