Reference exchange rate stays stable
The State Bank of Vietnam set the daily reference exchange rate at 23,131 VND/USD on October 29, unchanged from the previous day.
Illustrative image (Photo: VNA) 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./.
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