Business

Reference exchange rate up 12 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,412 VND/USD on October 3, up 12 VND from the last working day of previous week (September 30).
Reference exchange rate up 12 VND at week’s beginning ảnh 1The daily reference exchange rate is set at 23,412 VND/USD on October 3 (Photo: VNA)
Hanoi (VNA) – The State Bank ofVietnam set the daily reference exchange rate for the US dollar at 23,412VND/USD on October 3, up 12 VND from the last working day of previous week(September 30).

With the current trading band of  +/-3 percent, theceiling rate applicable to commercial banks during the day is 24,114 VND/USDand the floor rate 22,709 VND/USD.

On the contrary, the opening-hour rates at manycommercial banks dropped.

At 8:30am, BIDV listed the buying rate at 23,720VND/USD and the selling rate at 24,000 VND/USD, both down 10 VND from the endof September 30.

Meanwhile, Vietcombank kept both rates unchangedat 23,700 VND/USD (buying) and 24,010 VND/USD (selling).

During the week from September 26-30, the daily reference exchange rate for the US dollar followed an upward trend for most of the week, gaining 66 VND at the end of the week./.
VNA
#daily reference exchange rate#State Bank of Vietnam#commercial banks#USD/VND exchange rate#Vietnam's monetary policy#BIDV#Vietcombank#updated Vietnam news#Vietnamplus#Vietnam News Agency
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