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Vietnam dong, gold and interbank rates - Dec 5 

 Tuesday, December 5,2017

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 0403 GMT.

 
 
December 5
 USD/VND mid-point              
22,429
 USD/VND interbank                
22,717/22,718
 USD/VND unofficial          
22,760/22,780
 SJC gold (mln dong/tael)                 
36.34/36.56
 Interbank offered rates   Overnight      
1.0-1.6
                           1 week         
1.3-1.8
                           1 month        
2.1-2.7
                           3 months       
4.4-5.0

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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