Reference exchange rate continues to drop

The State Bank of Vietnam set the daily reference exchange rate at 23,633 VND/USD on March 7, down 3 VND from the previous day.
Reference exchange rate continues to drop ảnh 1Illustrative photo (Source: VNA)
Hanoi (VNA) – The State Bank of Vietnamset the daily reference exchange rate at 23,633 VND/USD on March 7, down 3 VNDfrom the previous day.

With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 23,814 VND/USD andthe floor rate 22,451 VND/USD.

The opening hour rates at commercial banks alsodecreased.

At 8:30am, Vietcombank listed the buying rate at23,480 VND/USD, and the selling rate at 23,850 VND/USD, both down 20 VND fromthe end of March 6.

BIDV also reduced both rates by 7 VND to 23,508VND/USD (buying) and 23,808 VND/USD (selling)./.
VNA

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