The central bank sets the daily reference exchange rate at 22,450 VND/USD on March 20, down 5 VND from the previous day. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 22,450 VND/USD on March 20, 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 23,128 VND/USD and the floor rate 21,784 VND/USD.

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

Vietcombank offered the buying rate at 22,725 VND/USD and the selling rate at 22,795 VND/USD (selling), both up 10 VND from late the previous day.

BIDV added 5 VND to both rates, listing the buying rate at 22,730 VND/USD and the selling rate at 22,800 VND/USD.

Meanwhile, the rates listed at Vietinbank went up 6 VND to 22,676 VND/USD (buying) and 22,746 VND/USD (selling).-VNA