Reference Exchange Rate Drops On March 13

The State Bank of Vietnam set the daily reference exchange rate at 22,450 VND/USD on March 13, down 11 VND from the previous day.

With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,123 VND/USD and the floor rate 21,779 VND/USD.

The opening hour rates at major commercial banks saw only slight changes.

Vietcombank maintained both rates unchanged from March 12, listing the buying rate at 22,720 VND/USD and selling rate 22,790 VND/USD.

Meanwhile, BIDV raised both rates by 5 VND, buying the greenback at 22,725 VND and selling at 22,795 VND per USD.

The rates at Vietinbank were adjusted up 4 VND to 22,728 VND/USD (buying) and 22,798 VND/USD (selling).

 

Category: Finance, Vietnam

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