Reference exchange rate down 4 VND on March 2

The State Bank of Vietnam set the daily reference exchange for the US dollar at 23,133 VND/USD on March 2, down 4 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,827 VND/USD and the floor rate 22,439 VND/USD.

The opening-hour rates at commercial banks fluctuated in different directions.

At 8:30am, Vietcombank listed the buying rate at 22,645 VND/USD and the selling rate at 22,955 VND/USD, both up 5 VND from March 1.

Meanwhile, BIDV raised the buying rate by 10 VND to 22,675 VND/USD and reduced the selling rate by 25 VND to 22,955 VND/USD.

Source: Vietnam News Agency

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