Reference exchange rate turns around to drop on March 29

The State Bank of Vietnam adjusted the daily reference exchange rate down on March 29 to 22,980 VND per USD, a drop of 2 VND from the previous day (March 28).
Reference exchange rate turns around to drop on March 29 ảnh 1The daily reference exchange rate was set at 22,980 VND per USD on March 29 (Photo: VNA)

Hanoi (VNA) - TheState Bank of Vietnam adjusted the daily reference exchange rate down on March29 to 22,980 VND per USD, a drop of 2 VND from the previous day (March 28).

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks during the day is23,669 VND/USD and the floor rate 22,290 VND/USD.

The opening hour rates at commercial banks sawslight fluctuations.

Both Vietcombank and BIDV raisedtheir rates by 5 VND, listing the buying rate at 23,150 VND/USD and the sellingrate at 23,250 VND/USD.

At Techcombank, the buying ratewas revised down 15 VND to 23,130 VND/USD and the selling rate down 5 VND to23,250 VND/USD.

During the week from March 25 to29, the daily reference exchange rate was adjusted up for three days and downon two days. At the end of the week, the rate gained a total of 16 VND.

The rates at commercial banksfluctuated variably throughout the week, but ending the week mostly unchangedfrom the week’s beginning.-VNA
VNA

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