The State Bank of Vietnam sets the daily reference exchange rate at 23,191 VND per USD on October 20, down 5 VND from the previous day. (Photo: VNA)
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,191 VND per USD onOctober 20, down 5 VND from the previous day.
With the current trading band of +/-3percent, the ceiling rate applied to commercial banks during the day is 23,886VND/USD and the floor rate, 22,496 VND/USD.
The opening hour rates at mostcommercial banks stayed stable.
At 8:25 am, Vietcombank listed thebuying rate at 23,060 VND/USD and the selling rate at 23,270 VND/USD, bothunchanged from October 19.
BIDV also kept both rates unchangedat 23,090 VND/USD (buying) and 23,270 VND/USD (selling).
Meanwhile, Techcombank cut both ratesby 1 VND, listing the buying rate at 23,068 VND/USD and the selling rate at23,268 VND/USD./.
The State Bank of Vietnam (SBV) announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.
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The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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The State Bank of Vietnam sets the daily reference exchange rate at 23,191 VND per USD on October 20, down 5 VND from the previous day. (Photo: VNA)
