Business

Reference exchange rate up 7 VND on October 16

The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,157 VND per USD on October 16, up 7 VND from the previous day (October 15).
Reference exchange rate up 7 VND on October 16 ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily referenceexchange rate at 23,157 VND per USD onOctober 16, up 7 VND from the previous day (October 15).

With the current trading band of  +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,851 VND per USD and the floor rate at 22,462 VND/USD.

The opening hour rates at some commercialbanks saw slight increases from the same time on October15.

At 8:15 am, Vietcombank listed the buying rate at 23,115 VND/USD, and the selling rate at 23,265 VND/USD, both up 5 VND from the same time on October 15.

Meanwhile, BIDV kept both rates unchanged, with the buying rate listed at 23,140VND/USD and the selling rate at 23,260 VND/USD.

Techcombank added 1 VND to both rates, listing the buying rate at 23,132 VND/USD and the sellingrate at 23,272 VND/USD./.

VNA
#State Bank of Vietnam (SBV)#daily reference exchange rate#VND/USD exchange rate#Vietcombank#BIDV#Techcombank#Vietnam#Vietnam news#Vietnam News Agency
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