Business

Reference exchange rate up 10 VND on October 24

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on October 24, up 10 VND from the previous day.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,260 VND/USD on October 24, up 10 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,473 VND/USD and the floor rate 23,047 VND/USD.

At major commercial banks, the opening hour rates saw increases.

At 8:31am, Vietcombank listed the buying rate at 25,233 VND/USD and the selling rate at 25,473 VND/USD, up 131 VND and 11 VND respectively from October 22.

BIDV also raised the rates by 8 VND and 11 VND respectively, posting the buying rate at 25,233 VND/USD and the selling rate at 25,473 VND/USD./.

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