Reference exchange rate up 17 VND on March 20

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,807 VND/USD on March 20, up 17 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 24,807 VND/USD on March 20, up 17 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,047 VND/USD and the floor rate 23,567 VND/USD.

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

At 8:39 am, Vietcombank listed the buying rate at 25,370 VND/USD and the selling rate 25,730 VND/USD, up 20 VND from the March 19 morning session.

BIDV also raised both rates by 10 VND, listing the buying rate at 25,360 VND/USD and the selling rate at 26,720 VND/USD./.

VNA

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