Interbank average forex rate unchanged at 20,708 dong/US dollar May 9

The State Bank of Vietnam (SBV) has announced the interbank average forex rate today Monday (May 9) is 20,708 dong/US dollar, remaining unchanged from last weekend.
Accordingly, the forex rate ceiling of commercial banks today will be 20,915 dong/US dollar and the forex rate floor at 20,500 dong/US dollar.

Currently, banks are selling US dollar lower 235-265 dong than the ceiling forex rate and buying US dollar 30-60 dong higher than the ceiling forex rate. – SBV

Tags: , , ,

Posted by VBN on May 9 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Don’t be tempted by gold, silver…yet
  • 10 things not to do when going back on gold
  • Global gold demand is expected to remain strong in Q2
  • Gold edges up on bargain buying – June 14
  • Nascent silver nano powders and flakes market is expected to grow 85% annually
  • CNR to deliver China’s first freight trains to Europe
  • China trade helps buoy confidence of New Zealand private enterprises
  • Asia’s first third-party wind energy technology center opens in north China

Sponsored

Looking for an overseas forex broker?