Reference exchange rate up 18 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,831 VND/USD on March 24, up 18 VND from the last work day of the previous week.

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,073 VND/USD and the floor rate 23,589 VND/USD.

At major commercial banks, the opening-hour rates saw increases.

At 8:35 am, both Vietcombank and BIDV listed the buying rate at 25,420 VND/USD and the selling rate 25,780 VND/USD, up 40 VND from the March 22 morning session./.

VNA