Reference exchange rate kept unchanged on October 15
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,150 VND per USD on October 15, unchanged from the previous day (October 14).
The daily reference exchange rate was set at 23,150 VND per USD on October 15 (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam (SBV) set the daily reference exchange rateat 23,150 VND per USD on October 15, unchanged from the previous day (October 14).
With the currenttrading band of +/- 3 percent, the ceiling rate applied to commercial banksduring the day is 23,844 VND per USD and the floor rate at 22,455 VND/USD.
The opening hourrates at some commercial banks remained stable.
At 8:20 am,Vietcombank listed the buying rate at 23,110 VND/USD, and the selling rate at23,260 VND/USD, both unchanged from the same time on October 14.
BIDV also kept bothrates unchanged, with the buying rate listed at 23,140 VND/USD and the sellingrate at 23,260 VND/USD.
Meanwhile,Techcombank revised down both rates by 1 VND from the same time on the previousday, listing the buying rate at 23,131 VND/USD and the selling rate at 23,271VND/USD./.
The State Bank of Vietnam (SBV) will hold its benchmark refinancing and discount rates at 6.25 percent and 4.25 percent, respectively, in addition to maintaining its 14 percent credit growth target for the remainder of 2019, experts forecast.
Credit has been provided for production and business activities and the priority fields while loans for high-risk areas have been further tightened so far this year, the State Bank of Vietnam (SBV) reported.
The State Bank of Vietnam (SBV)'s exchange rate management policy has been appropriate and effective, creating benefits for the economy and confidence for the market.
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,154 VND per USD on October 11, down 3 VND from the previous day (October 10).
The State Bank of Vietnam (SBV) set the daily reference exchange rate at 23,150 VND per USD on October 14, down 4 VND from the last working day of previous week (October 11).
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The daily reference exchange rate was set at 23,150 VND per USD on October 15 (Photo: VNA) 
