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Reference exchange rate up 1 VND on March 24

Mar 24th at 13:37
24-03-2020 13:37:47+07:00

Reference exchange rate up 1 VND on March 24

The State Bank of Vietnam set the daily reference exchange rate at 23,260 VND per USD on March 24, up 1 VND from the previous day, the eighth consecutive upward adjustment.

Reference exchange rate up 1 VND on March 24
Transactions at Vietcombank (Source: VNA)

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,957 VND/USD and the floor rate 22,562 VND/USD.

The opening hour rates at most commercial banks saw strong rises.

At 8:25 am, Vietcombank listed the buying rate at 23,570 VND/USD, and the selling rate at 23,760 VND/USD, up 30 VND from March 23.

BIDV raised both rates by 20 VND to 23,590 VND/USD (buying) and 23,750 VND/USD (selling).

Meanwhile, Techcombank added 175 VND to both rates, with the buying rate listed at 23,565 VND/USD and the selling rate at 23,725 VND/USD.

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