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Reference exchange rate down on February 27

The State Bank of Vietnam set the daily reference exchange rate at 25,044 VND/USD on February 27, down 7 VND from the previous day.

Illustrative image (Photo: VNA)
Illustrative image (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 25,044 VND/USD on February 27, down 7 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,296 VND/USD, and the floor rate 23,792 VND/USD.

At 8:30, the buying and selling rates at major commercial banks saw decreases.

Vietcombank and BIDV listed the buying rate at 25,890 VND/USD and the selling rate at 26,270 VND/USD, both down 20 VND from the February 26 morning session./.

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