Reference exchange rate up 29 VND on October 12

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,480 VND/USD on October 12, up 29 VND from the previous day.
Reference exchange rate up 29 VND on October 12
Illustrative image. (Photo: VNA)

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 24,183 VND/USD and the floor rate 22,777 VND/USD.

The opening-hour rates at many commercial banks increased.

Vietcombank listed the buying rate at 23,760 VND/USD and the selling rate at 24,070 VND/USD, both up 50 VND from the end of October 11.

Meanwhile, BIDV also added 60 VND to both rates, listing at 23,795 VND/USD (buying) and 24,075 VND/USD (selling).

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(Source: VNA)