Reference exchange rate goes down at week’s beginning
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of previous week (October 4).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of the previous week (October 4) (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily referenceexchange rate at 23,155 VND per USD onOctober 7, down 4 VND from the last working day of previous week (October 4).
With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,849 VND per USD and the floor rate at 22,460 VND/USD.
Theopening hour rates at commercial banks remain stable.
At 8:25 am, Vietcombank listed the buying rate at 23,110 VND/USD, and theselling rate at 23,260 VND/USD, unchanged from thesame time on October 4.
BIDV also kept both rates unchanged, with the buying rate listed at 23,140VND/USD and the selling rate at 23,260 VND/USD.
Techcombank maintained both rates at the same levels as on October 4, at 23,133VND/USD (buying) and23,273 VND/USD (selling).
Duringlast week (September 30 to October 4), the daily reference exchange rate wasadjusted up on the first two days but then turned around to drop on the lastthree days. It ended the week unchanged from the rate set on Monday.
The rateslisted at commercial banks fluctuated during the week but also concluded theweek almost unchanged from Monday./.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,163 VND per USD on October 2, down 2 VND from the previous day (October 1).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,161 VND per USD on October 3, down 2 VND from the previous day (October 2).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,159 VND per USD on October 4, down 2 VND from the previous day (October 3).
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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.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,155 VND per USD on October 7, down 4 VND from the last working day of the previous week (October 4) (Photo: VNA) 
