Business

Reference exchange rate up 2 VND on March 11

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,164 VND/USD on March 11, up 2 VND from the previous day.
Reference exchange rate up 2 VND on March 11 ảnh 1The daily reference exchange rate for the US dollar is set at 23,164 VND/USD on March 11. (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the dailyreference exchange rate for the US dollar at 23,164 VND/USD on March 11, up 2VND from the previous day.

Withthe current trading band of +/-3 percent, the ceiling rate applicable tocommercial banks during the day is 23,858 VND/USD and the floor rate 22,469VND/USD.

Theopening-hour rates at commercial banks remained stable.

At 8:25 am, Vietcombank listed the buying rate at 22,670 VND/USD and theselling rate at 22,980 VND/USD, unchanged from March 10.

BIDValso kept both rates unchanged at 22,700 VND/USD (buying) and 22,980 VND/USD (selling).

During the week from March 7-11, the daily reference exchange rate followed anupward trend in the first three days, turned around to drop on Thursday andstayed unchanged on Friday. It ended the week up 5 VND from Monday./.
VNA
#State Bank of Vietnam#daily reference exchange rate#Vietcombank#BIDV#Vietnam's monetary policy#USD/VND exchange rate#updated Vietnam news#Vietnamplus#Vietnam News Agency
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