The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,152 VND per USD on October 28, down 3 VND from the last working day of previous week (October 25).
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily referenceexchange rate at 23,152 VND per USD onOctober 28, down 3 VND from the last working day of previous week (October 25).
With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,847 VND per USD and the floor rate at 22,457 VND/USD.
The opening hour rates at some commercialbanks stayed stable.
At 8:30 am, Vietcombank listed the buying rate at 23,115 VND/USD, and theselling rate at 23,265 VND/USD, unchanged from the sametime on October 25.
BIDV also kept both rates unchanged, with the buying rate listed at 23,140 VND/USD and the selling rate at 23,260 VND/USD.
Similarly, Techcombank maintained both rates unchanged at 23,131 VND/USD (buying) and the sellingrate at 23,271 VND/USD (selling).
During the week from October 21 to October 25, the daily reference exchangerate was revised down on the first two days but reversed the trend on the nexttwo days and remained unchanged on the last day of the week. The rate ended theweek 2 VND higher than at the week’s beginning.
Meanwhile, the rates at commercial banks fluctuated during the week butended the week mostly unchanged from Monday./.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,148 VND per USD on October 22, down 5 VND from the previous day (October 21).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,154 VND per USD on October 23, up 6 VND from the previous day (October 22) and reversing the downward trend from the beginning of the week.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 24, up 1 VND from the previous day (October 23).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 25, unchanged from the previous day (October 24).
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According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
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Illustrative photo (Source: VNA) 
