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Reference exchange rate revised down 7 VND on November 1

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,138 VND per USD on November 1, down 7 VND from the previous day (October 31).
Reference exchange rate revised down 7 VND on November 1 ảnh 1Illustrative image (Source: VNA)

Hanoi(VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rateat 23,138 VND per USD on November 1, down 7 VND from the previous day (October31).

With the currenttrading band of  +/- 3 percent, the ceiling rate applied to commercial banksduring the day is 23,833 VND per USD and the floor rate at 22,443 VND/USD.

The opening hourrates at some commercial banks saw fluctuations.

At 8:20 am,Vietcombank listed the buying rate at 23,120 VND/USD and the selling rate at23,270 VND/USD, both up 5 VND as compared to the same time on October 31.

BIDV reduced bothrates by 10 VND, with the buying rate listed at 23,140 VND/USD and the sellingrate at 23,260 VND/USD.

Meanwhile,Techcombank cut both rates by 1 VND, listing the buying rate at 23,131 VND/USDand the selling rate at 23,271 VND/USD./.
VNA
#State Bank of Vietnam (SBV) #daily reference exchange rate #trading band #ceiling rate #commercial banks #floor rate #Vietcombank #BIDV #Techcombank #Vietnamplus #Vietnam News Agency
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