Business

Reference exchange rate down 1 VND on March 18

The State Bank of Vietnam set the daily reference exchange rate at 25,067 VND/USD on March 18, down 1 VND from the previous day.

The State Bank of Vietnam sets the daily reference exchange rate at 25,067 VND/USD on March 18. (Photo: VNA)
The State Bank of Vietnam sets the daily reference exchange rate at 25,067 VND/USD on March 18. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,067 VND/USD on March 18, down 1 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,320 VND/USD, and the floor rate 23,814 VND/USD.

At 8:15, the buying and selling rates at major commercial banks saw a slight decrease.

Both Vietcombank and BIDV listed the buying rate at 26,080 VND/USD and the selling rate at 26,320 VND/USD, both down only 1 VND from the March 17 session./.

VNA
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