Hanoi, (VNA) - The StateBank of Vietnam set the daily reference exchange rate on March 1 at 22,923 VNDper USD, up 8 VND from the previous day (February 28).
With the current trading band of+/- 3 percent, the ceiling rate applied to commercial banks during the day is23,610 VND/USD and the floor rate 22,236 VND/USD.
Meanwhile, the opening hourrates at commercial banks continued to stay stable.
Vietcombank kept both ratesunchanged from February 28, listing the buying rate at 23,150 VND/USD and theselling rate at 23,250 VND/USD.
At BIDV, both rates also remainedthe same as on February 28 at 23,150 VND/USD (buying) and 23,250 VND/USD(selling).
Techcombank maintained the samerates as on the previous day, at 23,130 VND/USD (buying) and 23,250 VND/USD(selling).
During the week from February 25to March 1, the reference exchange rate fluctuated variably, going up on thefirst day of the week, then down on the next two days before picking up againon the last two days.
The rate gained 12 VND duringthe week.
The rates listed at commercial bankssaw only slight changes, ending the week slightly lower than at the week’sbeginning.-VNA
The State Bank of Vietnam set the daily reference exchange rate on February 25 at 22,911 VND per USD, up 5 VND from the last working day of previous week (February 22).
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Illustrative image (Source: VNA)
