Reference exchange rate revised down 5 VND on February 27

The State Bank of Vietnam sets the daily reference exchange rate at 23,234 VND per USD on February 27, down 5 VND from the previous day (Photo: Vietcombank)

Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,234 VND per USD onFebruary 27, down 5 VND from the previous day.

With the current trading band of  +/-3percent, the ceiling rate applied to commercial banks during the day is 23,931VND/USD and the floor rate 22,536 VND/USD.

The opening hour rates at mostcommercial banks saw reductions.

At 8:15 am, Vietcombank listed thebuying rate at 23,145 VND/USD and the selling rate at 23,315 VND/USD, both down10 VND from the same time on February 26.

BIDV also cut 15 VND from both rates,with the buying rate listed at 23,170 VND/USD and the selling rate at 23,310VND/USD.

Similarly, Techcombank reduced bothrates by 16 VND, listing the buying rate at 23,151 VND/USD and the selling rateat 23,311 VND/USD./.

VNA