Reference exchange rate on Mar 3: 23,637 VND/USD, down 1 VND; Euro rising but Pound and Yen down

The State Bank of Vietnam set reference exchange rate for the US dollar at 23,637 VND/USD, down 1 VND; Euro rising but Pound and Yen down.
Reference exchange rate on Mar 3: 23,638 VND/USD, down 5 VND; Euro rising and Pound down but Yen down
Reference exchange rate on Mar 3: 23,637 VND/USD, down 1 VND; Euro rising but Pound and Yen down. (Source: PBS)

Reference exchange rate on March 3:

The State Bank of Vietnam set the daily reference exchange rate at 23,637 VND/USD on March 3, down 1 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 23,819 VND/USD and the floor rate 22,455 VND/USD.

The opening hour rates at commercial banks fluctuated variably.

At 8:30am, Vietcombank listed the buying rate at 23,510 VND/USD, and the selling rate at 23,880 VND/USD, both down 15 VND from the end of March 2.

On the contrary, BIDV raised both rates by 10 VND to 23,570 VND/USD (buying) and 23,870 VND/USD (selling).

During the week from February 27-March 3, the daily reference exchange rate was up at the beginning of the week but turned around to follow a downward trend until Friday. It ended the week down 5 VND.

No. Currency

Currency name

Commercial bank rate

Buying

Commercial bank rate

Selling

*SBV rate

Apply for import and export from March 1 to March 8

1 EUR Euro

24,572.29

25,947.78

25,085,22
2 JPY Japanese Yen

168.75

178.65

173.51
3 GBP Pound

27,692.62

28,872.97

28,501.64

4 AUD Australian Dollar 15,560.06 16,223.29 15,996.85
5 CAD Canadian Dollar 16,972.76

17,696.20

17,376.89

6 RUB Russian Ruble

299.36

331.44

314.40

7 KRW Korean Won

15.59

18.99

18.00

8 INR Indian Rupee

286.29

297.77

286.47

9 HKD

Hong Kong

Dollar

2,943.03 3,068.47

3,012.04

10 CNY

Chinese Yuan

3.373.00 3.510.00 3,428.42
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(Source: WVR)