Reference exchange rate up 44 VND
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,541 VND/USD on October 14, up 44 VND from the previous day.
Illustrative photo (Source: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 24,244 VND/USD and the floor rate 22,838 VND/USD.
The opening-hour rates at many commercial banks increased.
Vietcombank listed the buying rate at 23,890 VND/USD and the selling rate at 24,200 VND/USD, both up 120 VND from the end of October 13.
Similarly, BIDV also added 110 VND to both rates, listing at 23,920 VND/USD (buying) and the selling rate at 24,200 VND/USD (selling).
During the week from October 10-14, the daily reference exchange rate followed an upward trend, ending the week up 109 VND per USD./.
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