Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,738 VND/USD on March 6, down 12 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,975 VND/USD and the floor rate 23,501 VND/USD.
At major commercial banks, the opening-hour rates also decreased.
At 8:35am, Vietcombank listed the buying rate at 25,270 VND/USD and the selling rate 25,630 VND/USD, both down 60 VND from March 5.
BIDV cut both rates by 60 VND, setting its buying and selli🍰ng rates at 25,320 VND/USD and 25,680 VND/USD, respectively./.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,758 VND/USD on March 3, up 32 VND from the last work day of the previous week.
While the central bank cut the daily reference exchange rate on March 4, major commercial banks increased their buying and selling rates for the US dollar.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,988 VND/USD and the floor rate 23,513 VND/USD.
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