Business

Reference exchange rate goes up on March 2

VNA
The State Bank of Vietnam set the daily reference exchange rate at 23,151 VND/ USD on March 2, up VND6 from the previous day.

The daily reference exchange rate was set at 23,151 VND/USD on March 2 (Photo: VNA)

The daily reference exchange rate was set at 23,151 VND/USD on March 2 (Photo: VNA)

With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks on the day is 23,845 VND/USD and the floor rate 22,456 VND/USD.
The rates listed at commercial banks saw an increase.
At 8:25 am, Vietcombank listed the buying rate at 22,910 VND/USD, and the selling rate 23,120 VND/USD, up VND10 from March 1.
BIDV added VND5 to both rates, listing the buying rate at 22,925 VND/USD and the selling rate at 23,125 VND/USD.
The rates at Vietinbank were also adjusted up by VND15 at 22,888 VND/USD (buying) and 23,128 VND/USD (selling).

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