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Vietnam dong, gold and interbank rates - July 12 

 Wednesday, July 12,2017

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 0449 GMT.

 
 
July 12
 USD/VND mid-point              
22,448
 USD/VND interbank                
22,732/22,734
 USD/VND unofficial          
22,790/22,810
 SJC gold (mln dong/tael)                 
36.10/36.34
 Interbank offered rates   Overnight      
1.4-1.9
                           1 week         
1.6-2.1
                           1 month        
2.5-3.2
                           3 months       
3.7-4.2

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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