March 07, 2025 | 17:42 (GMT+7)
Reference exchange rate down 8 VND on March 7
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,730 VND/USD on March 7, down 8 VND from the previous day.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 25,967 VND/USD and the floor rate 23,494 VND/USD.
At major commercial banks, the opening-hour rates experienced mixed developments.
At 8:30am, Vietcombank listed the buying rate at 25,320 VND/USD and the selling rate 25,680 VND/USD, both 50 VND from March 6.
BIDV cut both rates by 10 VND, setting its buying and selling rates at 25,310 VND/USD and 25,670 VND/USD, respectively.
Source: VNA