Reference exchange rate continues to go down at week’s beginning
The State Bank of Vietnam set the daily reference exchange rate at 23,230 VND per USD on March 30, down 5 VND from the last working day of previous week (March 27).
Hanoi (VNA) - The StateBank of Vietnam set the daily reference exchange rate at 23,230 VND per USD onMarch 30, down 5 VND from the last working day of previous week (March 27).
With the current trading band of +/-3percent, the ceiling rate applied to commercial banks during the day is 23,926VND/USD and the floor rate 22,534 VND/USD.
The opening hour rates at mostcommercial banks stayed stable.
At 8:25 am, Vietcombank listed thebuying rate at 23,510 VND/USD, and the selling rate at 23,700 VND/USD, both unchangedfrom March 27.
BIDV also kept both rates unchangedat 23,540 VND/USD (buying) and 23,700 VND/USD (selling).
Meanwhile, Techcombank cut 10 VNDfrom both rates, listing the buying rate at 23,545 VND/USD, and the sellingrate at 23,705 VND/USD.
During the week from March 20 to 27,the daily reference exchange rate rose on Monday and Tuesday and went down onthe three remaining days. It ended the week down 17 VND.
The rates listed at commercial banksrose strongly during the week, ending higher than those at the week’s beginningby between 130-190 VND per USD./.
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Illustrative image (Source: VNA) 
