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.
Hanoi (VNA) - The State Bank of Vietnam adjusted the daily referenceexchange rate up on October 18, setting the rate at 22,717 VND per USD, anincrease of 2 VND from the previous day.
With the current trading band of +/- 3 percent, the ceiling rate applied tocommercial banks during the day is 23,398 VND/USD and the floor rate 22,035VND/USD.
The openinghour rates at commercial banks also increased from the previous day.
BothVietcombank and BIDV kept the buying rate unchanged from October 17 at 23,295 VND/USD,and raised the selling rate by 10 VND to 23,385 VND/USD.
Techcombank kept the buying rate unchanged from the previous day at 23,275VND/USD but added 5 VND to the selling rate, listing the rate at 23,385VND/USD.
The reference exchange rate was on a downward trend since the beginning of thisweek (October 15) before going up on October 18.-VNA
The State Bank of Vietnam adjusted the daily reference exchange rate up on October 12, setting the rate at 22,721 VND/USD, an increase of 2 VND from the previous day (October 11).
The State Bank of Vietnam adjusted the daily reference exchange rate down on October 15, setting the rate at 22,719 VND/USD, an decrease of 2 VND from the last working day of previous week (October 12).
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.
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Illustrative image (Source: VNA) 
