Vietnam dong, gold and interbank rates-July 6

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

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