Reference exchange rate down by VND3
The State Bank of Vietnam set its reference VND/USD exchange rate at VND22,459/USD on the morning of October 20, down by VND3 from a day ago.
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With the current +/- 3% VND/USD trading band, the ceiling exchange rate is VND23,133 per USD and the floor rate is VND21,785 per USD.
Major commercial banks’ rates are quite stable.
Vietinbank and BIDV offered their buying and selling rates at VND22,680 and VND22,750, per USD, unchanged from the day ago.
Vietcombank set VND22,680 (buying) and VND22,750 (selling), per USD, down by VND5 from the day earlier.
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