Trade News

  • Vietnam dong, gold and interbank rates

  • Monday, 3/20/2017

  • AsemconnectVietnam - Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 4:12 GMT.

  •   

     
    March 20
     USD/VND mid-point            
    22,254
     USD/VND interbank         
    22,780/22,800
     USD/VND unofficial        
    22,780/22,810
     SJC gold (mln dong/tael)                 
    36.52/36.79
     Interbank offered rates   Overnight      
    4.8-5.1
                               1 week         
    4.9-5.1
                               1 month        
    5.0-5.2
                               3 months       
    5.0-5.3

    NOTES: As of Jan. 4, 2016 the State Bank of Vietnam has begun setting the mid-point rate on daily basis, allowing dollar/dong transactions to move in a band of +/- 3 percent around the mid point.

    The dong's exchange rate against other currencies is not restricted by a band. Interbank offered rates are the latest indicative bid/ask prices, quoted from market sources.
    One tael is equivalent to 37.5 grams or 1.21 troy ounces. SJC gold prices are quoted by state-owned Saigon Jewelry Co.
    Source: Reuters.com 

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