Reference exchange rate continues decreasing on March 6

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.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

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./.

VNA

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