Reference exchange rate on Mar 6: 23,636 VND/USD, down 1 VND; Euro and Pound down but Yen rising

The State Bank of Vietnam set reference exchange rate for the US dollar at 23,636 VND/USD, down 1 VND; Euro and Pound down but Yen rising.
Reference exchange rate on Mar 6: 23,636 VND/USD, down 1 VND; Euro and Pound down but Yen rising
Reference exchange rate on Mar 6: 23,636 VND/USD, down 1 VND; Euro and Pound down but Yen rising. (Source: WVR)

Exchange rate on March 6:

The State Bank of Vietnam set the daily reference exchange rate at 23,636 VND/USD on March 6, down 1 VND from the last working day of previous week (March 3).

With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 23,817 VND/USD and the floor rate 22,454 VND/USD.

The opening hour rates at commercial banks fluctuated variably.

At 8:15am, Vietcombank listed the buying rate at 23,530 VND/USD, and the selling rate at 23,900 VND/USD, both up 10 VND from the end of March 3.

On the contrary, BIDV raised the buying rates by 10 VND to 23,570 VND/USD but reduced the selling rate by 10 VND to 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 8

1 EUR Euro

24,518.52

25,890.97

25,085,22
2 JPY Japanese Yen

169.07

178.98

173.51
3 GBP Pound

27,670.87

28,850.26

28,501.64

4 AUD Australian Dollar 15,599.96 16,264.87 15,996.85
5 CAD Canadian Dollar 16,972.76

17,751.73

17,376.89

6 RUB Russian Ruble

298.37

330.33

314.40

7 KRW Korean Won

15.74

19.17

18.00

8 INR Indian Rupee

287.97

299.52

286.47

9 HKD

Hong Kong

Dollar

2,944.90 3,070.41

3,012.04

10 CNY

Chinese Yuan

3,377.00 3,492.00 3,428.42
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(Source: WVR)