
Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 23,183 VND per USD on March 12, down 21 VND from theprevious day.
With the current trading band of +/- 3 percent, the ceiling rate applied tocommercial banks during the day is 23,882 VND/USD and the floor rate 22,487VND/USD.
The rates listed by commercial banks stayed stable.
At 8:25 am, Vietcombank listed the buying rate at 22,930 VND/USDand the selling rate at 23,140 VND/USD, unchanged from March 11.
BIDV also kept both rates unchanged at 22,955 VND/USD (buying) and 23,155VND/USD (selling).
Similarly, Vietinbank kept both rates unchanged at 22,913 VND/USD (buying) and23,153 VND/USD (selling).
During the week from March 8-12, the daily reference exchange rate mostlyfollowed an upward trend before turning around on Friday. However, it ended theweek still 2 VND lower than the rate on Monday (March 1). The rates atcommercial banks ended the week higher than the rates at the week’s beginning./.