Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,738 VND/USD on March 6, down 12 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,975 VND/USD and the floor rate 23,501 VND/USD.
At major commercial banks, the opening-hour rates also decreased.
At 8:35am, Vietcombank listed the buying rate at 25,270 VND/USD and the selling rate 25,630 VND/USD, both down 60 VND from March 5.
BIDV cut both rates by 60 VND, setting its buying and selling rates at 25,320 VND/USD and 25,680 VND/USD, respectively./.

Reference exchange rate up at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,758 VND/USD on March 3, up 32 VND from the last work day of the previous week.