Reference exchange rate down 5 VND on April 1
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,095 VND/USD on April 1, down 5 VND from the previous day.
Illustrative image (Source: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,790 VND/USD and the floor rate 22,390 VND/USD.
The opening-hour rates at commercial banks continued a declining trend.
At 8:40 am, Vietcombank listed the buying rate at 22,670 VND/USD and the selling rate at 22,980 VND/USD, both down 20 VND from the closing-hour rates on March 31.
BIDV also cut both rates by 20 VND, listing them at 22,697 VND/USD (buying) and 22,975 VND/USD (selling)./.
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