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Reference exchange rate down 1 VND on March 3

The State Bank of Vietnam set the daily reference exchange rate at 23,637 VND/USD on March 3, down 1 VND from the previous day.
Reference exchange rate down 1 VND on March 3 ảnh 1State Bank of Vietnam sets daily reference exchange rate at 23,637 VND/USD on March 3 (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnamset the daily reference exchange rate at 23,637 VND/USD on March 3, down 1 VNDfrom the previous day.

With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 23,819 VND/USD andthe floor rate 22,455 VND/USD.

The opening hour rates at commercial banks fluctuatedvariably.

At 8:30am, Vietcombank listed the buying rate at23,510 VND/USD, and the selling rate at 23,880 VND/USD, both down 15 VND fromthe end of March 2.

On the contrary, BIDV raised both rates by 10 VNDto 23,570 VND/USD (buying) and 23,870 VND/USD (selling).

During the week from February 27-March 3, the dailyreference exchange rate was up at the beginning of the week but turned aroundto follow a downward trend until Friday. It ended the week down 5 VND./.
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