Vietnam dong, gold and interbank rates - October 29
Monday, October 29,2018
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 0409 GMT.
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October 29
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USD/VND mid-point
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22,722
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USD/VND interbank
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23,350/23,351
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USD/VND unofficial
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23,450/23,470
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SJC gold (mln dong/tael)
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36.48/36.64
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Interbank offered rates
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Overnight
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3.9-5.0
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1 week
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4.3-5.0
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1 month
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4.5-5.0
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3 months
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4.7-5.2
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NOTES: The State Bank of Vietnam began setting the mid-point rate on a daily basis as of Jan. 4, 2016, 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
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