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| June 29: Vietnam Central Bank Sets Dollar Unchanged At VND20,828; Banks Rate Stable |
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The State Bank of Vietnam, the country’s central bank, Wednesday set the exchange rate for the U.S. dollar at VND20,828, unchanged for 6 months while commercial banks adjusted the rate in between VND5-10.
Banks are allowed to trade dollar at +/-1% from central bank quote and the ceiling price for dollar is currently at VND21,036.
The rate offered by major commercial banks and the gold shop rate are at VND20,850-VND20,865 for bid and VND20,920-VND20,925 for ask.
Dollar Price Quote for June 29th, 2012.
|
Bank |
Bid |
Change |
Ask |
Change |
|
Vietcombank |
20,860 |
0 |
20,920 |
0 |
|
BIDV |
20,850 |
0 |
20,920 |
0 |
|
Eximbank |
20,860 |
0 |
20,920 |
0 |
|
Vietinbank |
20,865 |
0 |
20,925 |
+5 |
|
ACB |
20,860 |
0 |
20,920 |
0 |
Local gold prices plunged VND160,000 a tael to VND41.55 million/tael and the local gold premium rose to VND2.2 million a tael today after world gold tumble yesterday.
Source StoxPlus
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