Interbank forex rate kept stable for eighth straight day

The State Bank of Vietnam (SBV) has announced the interbank average forex rate today Wednesday August 31 at 20,628 dong/US dollar, remaining unchanged from yesterday.
Thus, the forex rate has been kept stable for eight consecutive days.

Accordingly, the ceiling forex rate of commercial banks will be 20,834 dong/US dollar.

The US dollar price at SBV’s office continues to be kept at 20,600-20,834 dong.

Early this morning, the US dollar price at banks was stable from yesterday whereby the US dollar buying price was quoted at 20,790-20,830 dong and the US dollar selling price at 20,834 dong. The gap between the US dollar buying and selling prices is about 4-44 dong. – Vietbiz24

Tags: Vietnam banking industry, Vietnam finance, Vietnam financial, Vietnam forex market

Posted by VBN on Aug 31 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