Reference exchange rate up 45 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,586 VND/USD on October 17, up 45 VND from the last working day of previous week (October 14).
Hanoi (VNA) – The State Bank of Vietnam set thedaily reference exchange rate for the US dollar at 23,586 VND/USD on October 17,up 45 VND from the last working day of previous week (October 14).
With the current trading band of +/-3 percent, theceiling rate applicable to commercial banks during the day is 24,293 VND/USDand the floor rate 22,878 VND/USD.
On the contrary, the opening-hour rates at manycommercial banks dropped.
At 8:30 am, BIDV listed the buying rate at 23,935VND/USD and the selling rate at 24,215 VND/USD, both down 15 VND from the endof October 14.
Vietcombank kept both rates unchanged at 23,920VND/USD (buying) and the selling rate at 24,230 VND/USD (selling).
During the week from October 10-14, the dailyreference exchange rate followed an upward trend, ending the week up 109 VNDper USD./.
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