Reference exchange rate revised down 1 VND
The State Bank of Vietnam (SBV) set the daily reference exchange rate on March 12 at 22,949 VND per USD, down 1 VND from the previous day.
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| Illustrative image (Photo: VNA) |
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,636 VND/USD and the floor rate 22,262 VND/USD.
The opening hour rates at commercial banks stayed stable.
Vietcombank kept both rates unchanged from March 11, listing the buying rate at 23,150 VND/USD and the selling rate at 23,250 VND/USD.
Meanwhile, the rates at BIDV also stayed unchanged since March 1, standing at 23,150 VND/USD (buying) and 23,250 VND/USD (selling).
Techcombank also continued to maintain the same rates since March 1, at 23,130 VND/USD (buying) and 23,250 VND/USD (selling).
