Reference exchange rate continues to rise

The daily reference exchange rate on March 8 was set at 22,946 VND per USD (Photo: VNA)

The State Bank of Vietnam set the daily reference exchange rate on March 8 at 22,946 VND per USD, up 6 VND from the previous day (March 7). 

With the current trading band of  +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,633 VND/USD and the floor rate 22,259 VND/USD. 

Meanwhile, the opening hour rates at commercial banks saw slight fluctuations. 

Vietcombank added 10 VND to both rates, listing the buying rate at 23,160 VND/USD and the selling rate at 23,260 VND/USD. 

The rates at BIDV continue to stay unchanged from March 1 at 23,150 VND/USD (buying) and 23,250 VND/USD (selling). 

Techcombank also continue to maintain the same rates since March 1, at 23,130 VND/USD (buying) and 23,250 VND/USD (selling).

During this week (March 4 to 8), the daily reference exchange rate followed a rising trend, gaining a total of 16 VND. 

The rates listed by commercial banks remained stable throughout the week./.

VNA