With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is VND 23,617 per USD and the floor rate VND 22,243 VND per USD.

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Customers at Vietcombank. (Source: Vietcombank)

Meanwhile, the opening hour rates at commercial banks continued to stay stable.

Vietcombank kept both rates unchanged from March 1 at VND 23,150 per USD (buying) and VND 23,250 per USD (selling).

At BIDV, both rates remained the same as on March 1 at VND 23,150 per USD (buying) and VND 23,250 per USD (selling).

Techcombank also maintained the same rates as on March 1, at VND 23,130 per USD (buying) and VND 23,250 per USD (selling).

During the week from February 25 to March 1, the reference exchange rate fluctuated variably, going up on the first day of the week, then down on the next two days before picking up again on the last two days.

The rate gained VND 12 during the week.

The rates listed at commercial banks saw only slight changes, ending the week slightly lower than at the week’s beginning.

Source: VNA