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 0408 GMT.

July 6

July 3

 USD/VND mid-point

21,673

21,673

 USD/VND interbank

21,812/21,814

21,810/21,812

 USD/VND unofficial

21,850/21,870

21,840/21,870

 SJC gold (mln dong/tael)

34.26/34.35

34.26/34.35

Interbank offered rates    Overnight

3.0-3.5

2.5-3.5

1 week

3.3-4.0

3.0-4.0

1 month

4.0-4.3

3.9-4.4

3 months

4.3-4.7

4.3-4.7

NOTES: State Bank of Vietnam rules allow dollar/dong transactions to move in a band of +/- 1 percent around the mid point set daily.

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