Reference exchange rate down 1 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,636 VND/USD on March 6, down 1 VND from the last working day of previous week (March 3).
State Bank of Vietnam sets daily reference exchange rate at 23,636 VND/USD on March 6 (Photo: VNA)
Hanoi (VNA) – The State Bank of Vietnamset the daily reference exchange rate at 23,636 VND/USD on March 6, down 1 VNDfrom the last working day of previous week (March 3).
With the current trading band of +/- 5%, theceiling rate applied to commercial banks during the day is 23,817 VND/USD andthe floor rate 22,454 VND/USD.
The opening hour rates at commercial banks fluctuatedvariably.
At 8:15am, Vietcombank listed the buying rate at23,530 VND/USD, and the selling rate at 23,900 VND/USD, both up 10 VND from theend of March 3.
On the contrary, BIDV raised the buying rates by10 VND to 23,570 VND/USD but reduced the selling rate by 10 VND to 23,870VND/USD.
During the week from February 27-March 3, thedaily reference exchange rate was up at the beginning of the week but turnedaround to follow a downward trend until Friday. It ended the week down 5 VND./.
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State Bank of Vietnam sets daily reference exchange rate at 23,636 VND/USD on March 6 (Photo: VNA) 
