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Reference exchange rate down 1 VND on March 5

Mar 5th at 21:52
05-03-2020 21:52:21+07:00

Reference exchange rate down 1 VND on March 5

The State Bank of Vietnam set the daily reference exchange rate at 23,203 VND per USD on March 5, down 1 VND from the previous day.

Reference exchange rate down 1 VND on March 5
Illustrative image (Source: VNA)

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,899 VND/USD and the floor rate 22,506 VND/USD.

The opening hour rates at most commercial banks saw slight reductions.

At 8:25 am, Vietcombank listed the buying rate at 23,115 VND/USD and the selling rate at 23,285 VND/USD, both down 5 VND from the same time on March 4.

BIDV cut 10 VND from both rates, with the buying rate listed at 23,140 VND/USD and the selling rate at 23,280 VND/USD.

Techcombank reduced both rates by 5 VND, listing the buying rate at 23,125 VND/USD and the selling rate at 23,285 VND/USD.

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