The daily reference exchange rate was set at 22,938 VND per USD on March 5 (Photo: VNA)
Hanoi (VNA) - The State Bank of Vietnam set the daily referenceexchange rate on March 5 at 22,938 VND per USD, up 8 VND from the previous day.
This is the fourth consecutive rise of the reference exchange rate fromFebruary 27 with a total gain of 30 VND.
With the current trading band of +/- 3 percent, the ceiling rate applied tocommercial banks during the day is 23,625 VND/USD and the floor rate 22,251VND/USD.
Meanwhile, the opening hour rates at commercial banks continued to stay stable.
Vietcombank kept both rates unchanged from the previous week’s last days,listing the buying rate at 23,150 VND/USD and the selling rate at 23,250VND/USD.
At BIDV, both rates also remained the same as the level of February 27 at23,150 VND/USD (buying) and 23,250 VND/USD (selling).
Techcombank continued maintaining the stable trend, at 23,130 VND/USD (buying)and 23,250 VND/USD (selling). - VNA
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The daily reference exchange rate was set at 22,938 VND per USD on March 5 (Photo: VNA) 
