July 10: Vietnam Central Bank Sets Dollar Unchanged At 20,828 dong; Banks Rate Stable
The State Bank of Vietnam, the country’s central bank, Wednesday set the exchange rate for the US dollar at VND20,828, unchanged for 7 months and banks also keep the rate stable.
Banks are allowed to trade dollar at +/-1 percent 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 VND20,840-VND20,860 for bid and VND20,900 for ask.
Local gold prices hovered VND41.8 million/tael threshold and the local gold premium eased to VND1.9 million as world gold prices edged up yesterday.
Category: Finance
