Reference exchange rate up 7 VND at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate on March 4 at 22,930 VND per USD, up 7 VND from the last day of previous week (March 1).
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate on March 4 at 22,930 VNDper USD, up 7 VND from the last day of previous week (March 1).
With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,617 VND/USD and the floor rate 22,243 VND/USD.
Meanwhile, the opening hourrates at commercial banks continued to stay stable.
Vietcombank kept both ratesunchanged from March 1 at 23,150 VND/USD (buying) and 23,250 VND/USD (selling).
At BIDV, both rates remained thesame as on March 1 at 23,150 VND/USD (buying) and 23,250 VND/USD (selling).
Techcombank also maintained thesame rates as on March 1, at 23,130 VND/USD (buying) and 23,250 VND/USD(selling).
During the week from February 25 to March 1,the reference exchange rate fluctuated variably, going up on the first day ofthe week, then down on the next two days before picking up again on the lasttwo days.
The rate gained 12 VND during the week.
The rates listed at commercial banks saw onlyslight changes, ending the week slightly lower than at the week’sbeginning.-VNA
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Customers at Vietcombank (Source: Vietcombank)
