Reference exchange rate up 5 VND on March 17

The State Bank of Vietnam set the daily reference exchange rate at 23,227 VND per USD on March 17, up 5 VND from the previous day.

With the current trading band of /-3 percent, the ceiling rate applied to commercial banks during the day is 23,923 VND/USD and the floor rate 22,531 VND/USD.

The opening hour rates at most commercial banks all increased.

At 8:25 am, Vietcombank listed the buying rate at 23,140 VND/USD and the selling rate at 23,310 VND/USD, both up 20 VND from the same time on March 16.

BIDV also added 20 VND to both rates, with the buying rate listed at 23,170 VND/USD and the selling rate at 23,310 VND/USD.

At Techcombank, both the buying and selling rates were adjusted up 8 VND to 23,148 VND/USD (buying) and 23,308 VND/USD (selling).

Source: Vietnam News Agency