Reference exchange rate down 3 VND on March 1

Illustrative image (Source: VNA)

Hanoi (VNA) – The State Bank of Vietnam set thedaily reference exchange rate for the US dollar at 23,137 VND/USD on March 1,down 3 VND from the previous day.

With the current trading band of +/- 3 percent,the ceiling rate applicable to commercial banks during the day is 23,831 VND/USDand the floor rate 22,443 VND/USD.

The opening-hour rates at commercial banks showeda declining trend.

At 8:40am, Vietcombank listed the buying rate at 22,640 VND/USD and the sellingrate at  22,950 VND/USD, both unchanged from February 28.

BIDV reduced both rates by 35 VND at 22,665VND/USD (buying) and 22,980 VND/USD (selling). /.

VNA