Vietnam's Reference Exchange Rate Fluctuates Within ±5% Band Amid Economic Growth Focus
Vietnam's State Bank set the daily reference exchange rate at 25,639 VND/USD on October 20, up 4 VND from the previous day. The trading band for commercial banks remains at ±5%, with the ceiling at 26,919 VND/USD and the floor at 24,355 VND/USD. The country is focusing on economic growth, strengthening international cooperation, and fostering domestic industries.
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