Reference exchange rate down 5 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,219 VND per USD on March 2, down 5 VND from the last working day of previous week (February 28).
Hanoi (VNA) - The State Bank ofVietnam set the daily reference exchange rate at 23,219 VND per USD on March 2, down 5 VND from the last working day of previous week (February 28).
With the currenttrading band of +/-3 percent, the ceiling rate applied to commercial banksduring the day is 23,915 VND/USD and the floor rate 22,523 VND/USD.
The opening hour ratesat most commercial banks stayed stable.
At 8:30 am, Vietcombank listed thebuying rate at 23,140 VND/USD and the selling rate at 23,310 VND/USD, unchanged from the same time onFebruary 28.
BIDV continued to keep both rates unchanged,with the buying rate listed at 23,165 VND/USD and the selling rate at 23,305 VND/USD.
Techcombank also maintained both rates at the same levels as on February 28, listing the buying rate at 23,150 VND/USD and the selling rate at 23,310 VND/USD.
During the week fromFebruary 24-28, the daily reference exchange rate was revised up on the firsttwo days and down on the last three days. It ended the week down 19 VND fromMonday.
The rates listed atcommercial banks fluctuated throughout the week, but mostly ended lower than atthe beginning of the week./.
The State Bank of Vietnam set the daily reference exchange rate at 23,243 VND per USD on February 24, up 4 VND from the last working day of the previous week (February 21).
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Transactions at Vietcombank (Photo: VNA) 
