Reference exchange rate on Mar 23: 23,615 VND/USD, down 2 VND ; Euro rising, Pound and Yen down strongly. (Source: WVR)

Exchange rate on March 23:

The State Bank of Vietnam set the daily reference exchange rate at 23,615 VND/USD on March 23, down 2 VND from the previous day.

With the current trading band of +/- 5%, the ceiling rate applied to commercial banks during the day is 24,795 VND/USD and the floor rate 22,434 VND/USD.

The opening hour rates at commercial banks continued to increase.

At 8:30am, Vietcombank listed the buying rate at 23,330 VND/USD, and the selling rate at 23,700 VND/USD, both up 10 VND from the end of March 22.

BIDV also added 10 VND to both rates, raising the buying rate to 23,380 VND/USD and the selling rate to 23,680 VND/USD.