Reference exchange rate up 1 VND on October 8 hinh anh 1The daily reference exchange rate was set at 22,721 VND/USD on October 8 (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate on October 8 at 22,721 VND/USD, up 1 VND from the last day of previous week (October 5).

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,402 VND/USD and the floor rate 22,040 VND/USD.

The opening hour rates at commercial banks stayed stable compared to October 5.

Both  Vietcombank and BIDV kept both rates unchanged from October 5, listing the buying rate at 23,310 VND/USD and the selling rate at 23,390 VND/USD.

Techcombank also maintained the same rates as on October 5, at 23,290 VND/USD (buying) and 23,390 VND/USD (selling).

Last week (from October 1-5), the reference exchange rate was unchanged on the first day of the week, but was adjusted up for three consecutive following days before stopping on Friday.

The rates listed at commercial banks dropped on the first day of the week, stayed stable for the next two days but rose on the last two days.-VNA