Business

Reference exchange rate goes down on March 26

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,851 VND/USD on March 26, up 4 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 for the US dollar at 24,851 VND/USD on March 26, up 4 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,094 VND/USD and the floor rate 23,608 VND/USD.

At major commercial banks, the opening-hour rates saw decreases.

At 8:20 am, Vietcombank and BIDV listed the buying rate at 25,440 VND/USD and the selling rate 25,800 VND/USD, both down 20 VND from the March 25 morning session./.

VNA
#Reference exchange rate #trading band #decreases
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