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Vietnam dong, gold and interbank rates - Aug 22 

 Tuesday, August 22,2017

AsemconnectVietnam - Following is a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates as of 0447 GMT.

 
 
August 22
 USD/VND mid-point              
22,448
 USD/VND interbank                
22,727/22,729
 USD/VND unofficial          
22,720/22,740
 SJC gold (mln dong/tael)                 
36.26/36.48
 Interbank offered rates   Overnight      
0.5-1.2
                           1 week         
0.6-1.3
                           1 month        
1.4-1.8
                           3 months       
3.0-3.5

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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