Reference exchange rate starts week revised down

The State Bank of Vietnam set the daily reference exchange rate on March 18 at 22,952 VND per USD, down 5 VND from the last working day of previous week (March 15).
Reference exchange rate starts week revised down ảnh 1The State Bank of Vietnam set the daily reference exchange rate on March 18 at 22,952 VND per USD, down 5 VND from the last working day of previous week (March 15)(Photo: VNA)

Hanoi, March 18 (VNA) - TheState Bank of Vietnam set the daily reference exchange rate on March 18 at22,952 VND per USD, down 5 VND from the last working day of previous week(March 15).

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,640 VND/USD and the floor rate 22,264 VND/USD.

Meanwhile, the opening hourrates at commercial banks continued to stay stable.

Both Vietcombank and BIDV kepttheir rates unchanged from March 15, listing the buying rate at 23,150 VND/USDand the selling rate at 23,250 VND/USD.

Techcombank also continued tomaintain the same rates as on March 15, at 23,130 VND/USD (buying) and 23,250VND/USD (selling).

The rates listed by commercialbanks have remained stable since March 1.

During the week from March 11 to15, the State Bank of Vietnam adjusted the daily reference exchange rate up onthe first day of the week, but revised it down on the next two days beforeraising the rate on the last two days.

On March 15, the rate was set at22,957 VND per USD, 7 VND higher than the rate on the week’s beginning.-VNA
VNA

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