Reference exchange rate stays stable

Illustrative image (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,131 VND/USD on October 29, unchanged from the previous day.

With current trading band of  +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,824 VND/USD and the floor rate 22,438 VND/USD.

The opening-hour rates listed at commercial banks dropped slightly.

At 8:30am, Vietcombank listed the buying rate at 22,620 VND/USD and the selling rate at 22,850 VND/USD, both down 5 VND from October 28.

Meanwhile, BIDV kept both rates unchanged at 22,655 VND/USD (buying) and 22,855 VND/USD (selling).

During the week from October 25-29, the daily reference exchange rate fluctuated variably and ended the week down 5 VND from that on Monday./.

VNA