Reference exchange rate down 1 VND at week’s beginning hinh anh 1The State Bank of Vietnam (SBV) sets the daily reference exchange rate at 23,153 VND per USD on October 21.(Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,153 VND per USD on October 21, down 1 VND from the last working day of previous week (October 18).

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,843 VND per USD and the floor rate at 22,452 VND/USD.

The opening hour rates at some commercial banks saw only minor changes from the same time on October 18.

At 8:30 am, Vietcombank listed the buying rate at 23,120 VND/USD, and the selling rate at 23,270 VND/USD, both up 5 VND from on October 18.

Meanwhile, BIDV kept both rates unchanged, with the buying rate listed at 23,145 VND/USD and the selling rate at 23,265 VND/USD.

Techcombank also maintained both rates at the same levels as on October 18, listing the buying rate at 23,133 VND/USD and the selling rate at 23,273 VND/USD.

During the week from October 14 to 18, the daily reference exchange rate was adjusted down on the first day and unchanged on Tuesday before going up on the next two days. The trend reversed again on Friday, resulting in the rate ending the week 4 VND higher than on Monday.

The rates listed at commercial banks also changed in different directions but ending the week mostly up compared to the beginning of the week./.
VNA