Business

Reference exchange rate down on week’s beginning

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).
Reference exchange rate down on week’s beginning ảnh 1Illustrative image (Photo: vneconomy.vn)

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
VNA
#State Bank of Vietnam#commercial banks#VND/USD#Vietcombank#BIDV#Techcombank#Vietnam News Agency#vietnamplus#reference exchange rate
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