Free market’s US dollar price jumps up 17,150 dong

07-Nov-2008 Intellasia | CafeF | 7:01 AM Print This Post

Before the US presidential candidacy ended, the dong/US dollar forex rate of the free market had continued rising. At 10am on October 5, the forex rate jumped to 17,150 dong/US dollar, up about 50 dong/US dollar against yesterday.

According t analysts, the dong/US dollar forex rate will inch up slightly in the next few days to over 17,000 dong and then be stable again.

The interbank forex rate yesterday (October 5) stood at 16,843 dong/US dollar (selling price) and 16,883 dong/US dollar (purchase price), a sharp rise compared with 16,830 and 16.842 dong/US dollar the day before.

 

Category: Finance

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