Reference exchange rate on Mar 7: 23,633 VND/USD, down 3 VND; Euro, Pound and Yen rising together
The State Bank of Vietnam set reference exchange rate for the US dollar at 23,633 VND/USD, down 3 VND; Euro, Pound and Yen rising together.
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| Reference exchange rate on Mar 7: 23,633 VND/USD, down 3 VND; Euro, Pound and Yen rising together. (Source: WVR) |
Exchange rate on March 7:
The State Bank of Vietnam set the daily reference exchange rate at 23,633 VND/USD on March 7, down 3 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 23,814 VND/USD and the floor rate 22,451 VND/USD.
The opening hour rates at commercial banks also decreased.
At 8:30am, Vietcombank listed the buying rate at 23,480 VND/USD, and the selling rate at 23,850 VND/USD, both down 20 VND from the end of March 6.
BIDV also reduced both rates by 7 VND to 23,508 VND/USD (buying) and 23,808 VND/USD (selling).
| 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 | 24,583.27 | 25,959.38 | 25,085,22 |
| 2 | JPY | Japanese Yen | 169.97 | 179.94 | 173.51 |
| 3 | GBP | Pound | 27,783.76 | 28,968.00 | 28,501.64 |
| 4 | AUD | Australian Dollar | 15,598.34 | 16,263.20 | 15,996.85 |
| 5 | CAD | Canadian Dollar | 16,995.40 | 17,719.81 | 17,376.89 |
| 6 | RUB | Russian Ruble | 297.33 | 329.18 | 314.40 |
| 7 | KRW | Korean Won | 15.81 | 19.26 | 18.00 |
| 8 | INR | Indian Rupee | 289.17 | 300.77 | 286.47 |
| 9 | HKD | Hong Kong Dollar | 2,942.34 | 3,067.75 | 3,012.04 |
| 10 | CNY | Chinese Yuan | 3,358.00 | 3,470.00 | 3,428.42 |
(Source: WVR)
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