The State Bank of Vietnam set the daily reference exchange rate on March 5 at 22,938 VND per USD, up 8 VND from the previous day.
This is the fourth consecutive rise of the reference exchange rate from February 27 with a total gain of 30 VND.
With the current trading band of +/- 3 percent, the ceiling rate applied to commercial banks during the day is 23,625 VND/USD and the floor rate 22,251 VND/USD.
Meanwhile, the opening hour rates at commercial banks continued to stay stable.
Vietcombank kept both rates unchanged from the previous week’s last days, listing the buying rate at 23,150 VND/USD and the selling rate at 23,250 VND/USD.
At BIDV, both rates also remained the same as the level of February 27 at 23,150 VND/USD (buying) and 23,250 VND/USD (selling).
Techcombank continued maintaining the stable trend, at 23,130 VND/USD (buying) and 23,250 VND/USD (selling). - VNA
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