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Reference exchange rate continues to go up on October 19

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.
Reference exchange rate continues to go up on October 19 ảnh 1The daily reference exchange rate was set at 22,719 VND per USD on October 19 (Photo: VNA)

Hanoi (VNA) - TheState Bank of Vietnam continued to adjust the daily reference exchange rate upon October 19, setting the rate at 22,719 VND per USD, an increase of 2 VNDfrom the previous day.

With the current trading band of  +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,400VND/USD and the floor rate 22,037 VND/USD.

The opening hour rates atcommercial banks stayed stable.

Both Vietcombank and BIDV kepttheir rates unchanged from October 18, listing the buying rate at 23,295VND/USD, and the selling rate at 23,385 VND/USD.

Techcombank also maintained thesame rates as on the previous day at 23,275 VND/USD (buying) and 23,385 VND/USD(selling).

The reference exchange rate wason a downward trend since the beginning of this week (October 15) before goingup on October 18.-VNA
VNA
#daily reference exchange rate#State Bank of Vietnam#trading band of +/- 3 percent#ceiling exchange rate#floor exchange rate#opening hour rates at commercial banks#updated Vietnam news#Vietnamplus#Vietnam News Agency
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