The daily reference exchange rate for VND/USD was revised down for a fourth day in a row since the beginning of this week, standing at 22,453 VND /USD on October 12, a decrease of 6 VND from the rate set on October 11.
The reference exchange rate has been revised down for four consecutive days since October 9. Illustrative image (Photo: VNA)
Hanoi, (VNA) – The dailyreference exchange rate for VND/USD was revised down for a fourth day in a row sincethe beginning of this week, standing at 22,453 VND /USD on October 12, adecrease of 6 VND from the rate set on October 11.
With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,127 VND and the floor rate 21,779 VND/USD.
The opening hour rates at majorcommercial banks also followed the declining trend.
Vietcombank listed the buyingrate at 22,685 VND and the selling rate at 22,755 VND per USD, down 5 VND fromthe previous day.
The rates listed by Vietinbank werealso slashed by 5 VND to 22,685 VND (buying) and 22,755 VND (selling) per USD.
The greenback is being bought at22,685 VND and sold at 22,755 VND per USD at BIDV, both 5 VND lower than therespective rates listed on October 11.-VNA
The daily reference exchange rate for VND/USD on October 9, the first day of the week, was set at 22,469 VND, down 1 VND from the last working day of the previous week (October 6).
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The reference exchange rate has been revised down for four consecutive days since October 9. Illustrative image (Photo: VNA) 
