Business

Reference exchange rate up 15 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,794 VND/USD on March 17, up 15 VND from the previous day.

Illustrative photo (Photo: VNA)
Illustrative photo (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,794 VND/USD on March 17, up 15 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,034 VND/USD and the floor rate 23,554 VND/USD.

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

At 8:30 am, Vietcombank listed the buying rate at 25,330 VND/USD and the selling rate 25,690 VND/USD, unchanged from the March 14 morning session.

Meanwhile, BIDV cut both rates by 5 VND, listing the buying rate at 25,340 VND/USD and the selling rate at 25,700 VND/USD./.

VNA
#SBV #reference exchange rate #Vietcombank #BIDV
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