Reference exchange rate up 1 VND at week’s beginning hinh anh 1Illustrative image (Source: Bloomberg) 

Hanoi, (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,160 VND/USD on October 18, up 1 VND from the rate on the last working day of previous week (October 15).

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,854 VND/USD and the floor rate 22,465 VND/USD.

The opening-hour rates at commercial banks stayed stable.

At 8:25 am, Vietcombank listed the buying rate at 22,630 VND/USD and the selling rate at 22,860 VND/USD, unchanged from October 15.

BIDV also kept both rates unchanged at 22,660 VND/USD  (buying) and 22,860 VND/USD (selling).

Similarly, the rates at Vietinbank remained unchanged at 22,635 VND/USD (buying) and 22,855 VND/USD (selling)./.