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Reference exchange rate up 2 VND on March 12

The State Bank of Vietnam set the daily reference exchange rate at 25,061 VND/USD on March 12, up 2 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 at 25,061 VND/USD on March 12, up 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,314 VND/USD, and the floor rate 23,808 VND/USD.

The buying and selling rates at major commercial banks saw increases.

Vietcombank listed the buying rate at 26,034 VND/USD and the selling rate at 26,314 VND/USD, up 23 VND and 3 VND, respectively, from the March 11 morning session.

Meanwhile, BIDV also raised the buying rate by 15 VND to 26,050 VND/USD and the selling rate by 3 VND to 26,314 VND/USD./.

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