Reference exchange rate up 2 VND at week’s beginning

The daily reference exchange rate is set at 23,700 VND/USD on October 24. (Photo: VNA)

Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,700 VND/USDon October 24, up 2 VND from the last working day of the previous week (October21).

With the current trading band of +/-5 percent,the ceiling rate applicable to commercial banks during the day is 24,885 VND/USDand the floor rate 22,515 VND/USD.

The opening-hour rates at commercial banks slightlyincreased.

At 8:35 am, BIDV listed the buying rate at 24,600VND/USD and the selling rate at 24,880 VND/USD, both up 10 VND from the end ofOctober 21.

Vietcombank kept both rates unchanged at 24,560VND/USD (buying) and the selling rate at 24,870 VND/USD (selling)./.

VNA