Reference exchange rate continues going down on Nov. 1

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,454 VND/USD and the floor rate 23,030 VND/USD.

(Photo for illustration)

At major commercial banks, the opening hour rates saw decreases.

At 8:29am, Vietcombank listed the buying rate at 25,094 VND/USD and the selling rate at 25,454 VND/USD, down 21 VND and 1 VND, respectively, from October 31.

BIDV posted the buying rate at 25,105 VND/USD and the selling rate at 25,454 VND/USD, down 15 VND and 1 VND, respectively.

Source: VNA