The State Bank of Vietnam set the daily reference exchange rate on October 22 at 22,717 VND per USD, down 2 VND from the last working day of previous week (October 19).
Hanoi (VNA) - TheState Bank of Vietnam set the daily reference exchange rate on October 22 at22,717 VND per USD, down 2 VND from the last working day of previous week(October 19).
With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,398 VND/USD and the floor rate 22,036 VND/USD.
The opening hour rates atcommercial banks saw only slight changes.
Vietcombank kept its ratesunchanged from October 19, listing the buying rate at 23,300 VND/USD, and theselling rate at 23,390 VND/USD.
BIDV cut both rates by 5 VND,listing the buying rate at 23,300 VND/USD, and the selling rate at 23,390VND/USD.
Techcombank also maintained thesame rates as on October 19 at 23,280 VND/USD (buying) and 23,390 VND/USD(selling).
Last week the reference exchange rate was on adownward trend since the beginning of the week (October 15) and went up on thelast two days.-VNA
The State Bank of Vietnam adjusted the daily reference exchange rate down for the third consecutive day on October 17, setting the rate at 22,715 VND/USD, a decrease of 2 VND from October 16.
The State Bank of Vietnam adjusted the daily reference exchange rate up on October 18, setting the rate at 22,717 VND per USD, an increase of 2 VND from the previous day.
The State Bank of Vietnam continued to adjust the daily reference exchange rate up on October 19, setting the rate at 22,719 VND per USD, an increase of 2 VND from the previous day.
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Illustrative image (Photo: vneconomy.vn) 
