The State Bank of Vietnam set its reference VND/USD exchange rate at 22,458 VND/USD on the morning of March 30, down by 5 VND from the day ago.
With the current +/- 3 percent VND/USD trading band, the ceiling exchange rate is 23,136 VND per USD and the floor rate is 21,792 VND per USD.
Major commercial banks cut their rates accordingly.
Vietcombank cut its rates by 10 VND to 22,765 VND (buying) and 22,835 VND (selling), per USD.
BIDV offered its rates at 22,770 VND (buying), and 22,840 VND (selling), per USD, down by 15 VND, from the day earlier.
Meanwhile, Vietinbank posted its rates at 22,761 VND (buying) and 22,831 VND (selling), down by 13 VND, per USD.-VNA
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