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.