With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is VND 23,399 per USD and the floor rate VND 22,036 per USD.

(Photo for illustration)

The opening hour rates at commercial banks continued to stay stable compared to October 2.

Both Vietcombank and BIDV maintained the same rates as on the previous day, listing the buying rate at VND 23,290 per USD and the selling rate at VND 23,370 per USD.

Techcombank also kept both rates unchanged from October 2, at VND 23,270 per USD (buying) and VND 23,370 per USD (selling).

This week, the State Bank adjusted the reference exchange rate down on Monday but raised the rate on the next two days. 

The rates at commercial banks also went down on Monday and remained stable on the next two days.

Source: VNA