Business

Reference exchange rate goes down further

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,350 VND/USD, and the floor rate 23,840 VND/USD.

Illustrative photo (Photo: VNA)
Illustrative photo (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,095 VND/USD on October 28, down 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,350 VND/USD, and the floor rate 23,840 VND/USD.

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

Vietcombank listed the buying rate at 26,109 VND/USD, and the selling rate at 26,349 VND/USD, both down 2 VND from the October 27 morning session.

BIDV also posted the buying rate at 26,109 VND/USD and the selling rate at 26,349 VND/USD, down 3 VND and 2 VND respectively./.

VNA
#SBV #reference exchange #Vietcombank #BIDV
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