Reference exchange rate up 14 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,178 VND/USD on March 14, up 14 VND from the last working day of previous week (March 11).
The daily reference exchange rate for the US dollar is set at 23,178 VND/USD on March 14. (Photo: VNA)With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,873 VND/USD and the floor rate 22,483 VND/USD.
The opening-hour rates at commercial banks also went up.
At 8:35 am, Vietcombank listed the buying rate at 22,710 VND/USD and the selling rate at 23,020 VND/USD, both up 40 VND from March 111
BIDV raised both rates by 45 VND to 22,745 VND/USD (buying) and 23,025 VND/USD (selling).
During the week from March 7-11, the daily reference exchange rate followed an upward trend in the first three days, turned around to drop on Thursday and stayed unchanged on Friday. It ended the week up 5 VND from Monday./.
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