The reference VND/USD exchange rate is set at 22,477 VND/USD on the morning of October 30 (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set its reference VND/USD exchange rate at 22,477 VND/USD on the morning of October 30, up by 3 VND from the end of last week.
 
With the current  +/- 3 percent VND/USD trading band, the ceiling exchange rate is 23,144 VND per USD and the floor rate is 21,796 VND per USD.

Major commercial banks reduced their exchange rates slightly.

[Central bank policies expand foreign reserves]

Vietcombank and Vietinbank set 22,680 VND (buying) and 22,750 VND (selling), per USD, down by 5 VND from the end of last week.

At BIDV, the buying rate was 22,680 VND and the selling rate was 22,750 VND, per USD, down by 10 VND from the end of last week.-VNA