Hanoi (VNA) – The State Bank of Vietnam set the dailyreference exchange rate at 22,957 VND/USD on the morning of March 22, up by 4VND from the day earlier.
With the current trading band of +/- 3 percent, the ceiling rate applied bycommercial banks for the day is 23,645 VND/USD and the floor rate is 22,269VND/USD.
Slight fluctuations in USD price were recorded at commercial banks.
At 8:15, Vietcombank posted the buying rate at 23,155 VND/USD and theselling rate at 23,255 VND/USD, unchanged from the morning of the day ago.
BIDV offered the same rates as that of Vietcombank, also unchanged fromthe morning of the day ago.
Meanwhile, at Techcombank, the buying and selling rates were 23,120 VND/USD and23,255 VND/USD, down by 10 VND and 15 VND, respectively, from the morning ofMarch 21.-VNA
Since the beginning of the year, the State Bank of Vietnam has been increasing the reference rate of the dong against the US dollar, and the Vietnamese currency has appreciated 0.43 percent as a result.
The State Bank of Vietnam adjusted the daily reference exchange rate down for the second day, setting the rate at 22,953 VND per USD on March 21, dropping 5 VND from March 20.
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Illustrative image (Source: VNA) 
