Reference exchange rate on Mar 20: 23,619 VND/USD, down 1 VND; Euro, Pound and Yen unchange

The State Bank of Vietnam set reference exchange rate for the US dollar at 23,619 VND/USD, down 1 VND; Euro, Pound and Yen unchange.
Reference exchange rate on Mar 20: 23,619 VND/USD, down 1 VND; Euro, Pound and Yen unchange
Reference exchange rate on Mar 20: 23,619 VND/USD, down 1 VND; Euro, Pound and Yen unchange. (Source: WVR)

Exchange rate on March 20:

The State Bank of Vietnam set the daily reference exchange rate at 23,619 VND/USD on March 20, down 1 VND from the last working day of previous week (March 17).

With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,800 VND/USD and the floor rate 22,438 VND/USD.

The opening hour rates at commercial banks followed an upward trend.

At 9:15am, BIDV listed the buying rate at 23,450 VND/USD, and the selling rate at 23,750 VND/USD, both up 30 VND from the end of March 17.

Vietcombank kept both rates unchanged at 23,380 VND/USD (buying) and 23,750 VND/USD (selling).

During the week from March 13-17, the daily reference exchange rate was adjusted down on the first two days and up on the following two before turning around to go down on Friday. It ended the week down 18 VND from the rate at the beginning of the week

No. Currency

Currency name

Commercial bank rate

Buying

Commercial bank rate

Selling

*SBV rate

Apply for import and export from March 16 to 22

1 EUR Euro

24,382.87

25,747.99

24,903.4
2 JPY Japanese Yen

171.82

181.90

175,32
3 GBP Pound

27,810.67

28,996.32

28,699.45

4 AUD Australian Dollar 15,310.23 15,962.95 15,775.13
5 CAD Canadian Dollar 16,741.73

17,455.48

17,260.3

6 RUB Russian Ruble

293.33

324.75

313.12

7 KRW Korean Won

15.60

18.96

18.12

8 INR Indian Rupee

284.67

296.09

286.33

9 HKD

Hong Kong

Dollar

2,927.54 3,053.95

3,008.9

10 CNY

Chinese Yuan

3.354.00 3.498.00 3,393.06
TIN LIÊN QUAN
Reference exchange rate on Mar 17: 23,620 VND/USD, down 2 VND; Euro, Pound and Yen rising slightly
Vietnam to welcome 100 millionth citizen in April
Review on external affairs from Mar.6-12: Congratulations to Chinese leaders; action program on economic diplomacy
Vietnam shares experience in solving economic difficulties with Laos: MOIT
World Bank forecasts Vietnam’s 2023 growth at 6.3%
MH
(Source: WVR)