The State Bank of Vietnam set the daily reference exchange rate on October 1 to 22,713 VND/USD, down 1 VND from the rate on the last day of previous week (September 28).
Hanoi (VNA) - TheState Bank of Vietnam set the daily reference exchange rate on October 1 to22,713 VND/USD, down 1 VND from the rate on the last day of previous week(September 28).
With the current trading band of +/- 3percent, the ceiling rate applied to commercial banks during the day is 23,394VND/USD and the floor rate 22,031 VND/USD.
The opening hour rates atcommercial banks also went down compared to September 28.
Vietcombank reduced both ratesby 15 VND, listing the buying rate at 23,290 VND/USD and the selling rate at23,370 VND/USD.
BIDV slashed both rates by 20 VND, listing thebuying rate at 23,290 VND/USD and the selling rate at 23,370 VND/USD.
Meanwhile, Techcombank cut thebuying rate by 15 VND to 23,270 VND/USD and the selling rate by 20 VND to 23,370VND/USD.
Last week (September 24-28), thereference exchange rate opened the week down 3 VND from the rate on the lastday of previous week (September 21) to 22,709 VND/USD. It was adjusted up onthe next two days before down again on the last two days of the week, endingthe week at 22,714 VND/USD.
The rates at commercial banks were mostly onthe rising trend during the week, with the increases taping off towards the endof the week. -VNA
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Illustrative image (Source: VNA) 
