Business

Reference exchange rate up 2 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 25,059 VND/USD on March 9, up 2 VND from the last working day of the previous week.

The daily reference exchange rate is set at 25,059 VND/USD on March 9. (Photo: VNA)
The daily reference exchange rate is set at 25,059 VND/USD on March 9. (Photo: VNA)

Hanoi (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 25,059 VND/USD on March 9, up 2 VND from the last working day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,312 VND/USD, and the floor rate 23,806 VND/USD.

At 8:35, the buying and selling rates at major commercial banks saw fluctuations.

Vietcombank listed the buying rate at 26,031 VND/USD and the selling rate at 26,311 VND/USD, both up 2 VND from the March 6 morning session.

Meanwhile, BIDV raised the buying rate by 6 VND to 26,035 VND/USD and kept the selling rate unchanged at 26,309 VND/USD./.

VNA
#State Bank of Vietnam #exchange rate #commercial banks
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