Reference exchange rate down 5 VND hinh anh 1Illustrative image (Source:

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 22,453 VND/USD on March 7, down 5 VND from the previous day. 

With the current trading band of /-3 percent, the ceiling rate applied to commercial banks during the day is 23,126 VND/USD and the floor rate 21,782 VND/USD.

The opening hour rates at major commercial banks saw slight fluctuations.

Vietcombank maintained the same rates as on March 6, at 22,725 VND/USD (buying) and 22,795 VND/USD (selling).

 BIDV added 3 VND to both rates, listing the buying rate at 22,728 VND/USD and the selling rate at 22,798 VND/USD.

Meanwhile, the rates listed at Vietinbank went up 49 VND to 22,725 VND/USD (buying) and 22,795 VND/USD (selling).-VNA