Reference exchange rate down 1 VND on March 18

With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,033 VND/USD and the floor rate 23,553 VND/USD.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,793 VND/USD on March 18

At major commercial banks, the opening-hour rates saw increases.

At 8:35 am, Vietcombank listed the buying rate at 25,350 VND/USD and the selling rate 25,710 VND/USD, both up 20 VND from the March 17 morning session.

Meanwhile, BIDV added 10 VND to both rates, listing the buying rate at 25,350 VND/USD and the selling rate at 25,710 VND/USD.

Source: VNA